Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

If markets deteriorate, MZM keeps growing and some money is sent to "money heaven". As for long term rates, they will probably creep up from here (I don't expect an inverted curve), but the spread may not increase. Later in the year or early next year, rates may actually start down, but I still think that 5% on the 10 years is probably going to happen.