Commentary on the economy, the markets, and business
New column: Bond bust ahead
I've got a new column online and in the issue of TIME with the cover story on Detroit. It's about bonds.
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Saying that there is a bond bust ahead is tantamount to saying that there is rising inflation ahead. The market seems not to have made up its mind if inflation will be accompanied by economic growth or stagnation. Those in the growth camp are buying industrial metals, while those in the stagnation camp are buying gold.
- foxjust About to walk to LA Public Library for this http://bit.ly/7LgRu6 Am told only a nobody walks in LA - 3 hours ago
- foxjust just took first ride on LA metro. Totally disorienting not to have car to park here - 18 hours ago
- foxjust Thanks to Bama fans for reminding us we needed to buy TP! (Turns out we're fine on detergent). Oh, and nice game #ironbowl - 5 days ago
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