The Rising Influence of Rising Affluence

[10nisman]

Trouble is a lot of smart people (like me) have been thinking this for some time, but shorting the bond has been a quick trip to losses. I have to think they may finally be right, but I no longer have the cojones for this fight. (And my real name is not Bill Gross.)

One doesn't need to waste time trying too short bonds just don't own any (own equities, real estate, etc.). Once rates start to move higher they'll continue to do so for awhile thus providing ample time to get short.