by Money and Markets, 02-21-10
Trusting Washington and Wall Street is bankrupting millions of Americans ... and now they're at it again!
In the 1990s, Wall Street urged you to buy Internet stocks at 500 and 1,000 times earnings — and even tried to railroad you into stocks with no earnings at all.
Result: According to the Fed, nearly $6.6 trillion vanished into thin air when those stocks crashed and burned.
Then, in 2001, Washington got into the act — driving interest rates to their lowest levels since World War II ... helping to create the greatest real estate bubble in history ... and doing absolutely nothing when money-hungry bankers and brokers broke every rule in the book.
(read on)
Showing posts with label US Bonds. Show all posts
Showing posts with label US Bonds. Show all posts
Debt Auctions Bombing ... China Heading for the Hills ... Higher Rates Dead Ahead!
by Mike Larson, Money and Markets
You can't count on Washington to proactively warn you about major economic and market problems ...
Politicians and Fed policymakers failed to warn investors away from tech stocks during the Nasdaq bubble.
They failed to warn you in advance that the housing and mortgage markets would crash.
Now, they're doing it again!
They're failing to warn you about the next massive threat to your wealth — a Treasury bond crash and the corresponding surge in interest rates.
Fortunately, as a Weiss Research subscriber, you don't have to worry ...(read on)
You can't count on Washington to proactively warn you about major economic and market problems ...
Now, they're doing it again!
They're failing to warn you about the next massive threat to your wealth — a Treasury bond crash and the corresponding surge in interest rates.
Fortunately, as a Weiss Research subscriber, you don't have to worry ...(read on)
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