Update: Still bullish on bonds (low yields) thanks to the Feds lack of clothes

Posted by Jack Crooks - Global Investor

Share on Facebook

Tweet on Twitter

“But money is not neutral in the present monetary regime. It is obvious that monetary policy has had very significant effects on the allocation of productive resources in the long run-up to the crisis. It is perhaps less obvious that it has also affected the distribution of income. But I believe it has.”

Axel Leijonhufvud, Professor UCLA and University of Toronto

Please click HERE to view the issue:

Jack Crooks

Black Swan Capital

I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.

~ Dale G.
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.

~ Dave E.
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.

~ der_al.
A sane voice in a scrambled investment world.

~ Ed R.