"He could well be right. Depends on what is more important -- bonds as a predictor of the economy, or bond yields as an alternative to stocks."
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George....
Although I think at some point in here bond yields will begin climbing, the oft mentioned argument about "with current bond yields, stocks are more attractive than bonds" will disappear when folks finally understand that even 0% intrest from stuffing your cash under the mattress is better than losing 10-25% in the market. Those are the true choices now.
Just my opinion, though.
mlsoft
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