Replies to post #9616 on The New CS Board

[euterpe1]

What boom? Rates have been artificially depressed by the FED. Mortgage rates increased 200bps in the last 2 months. That's not from an impending boom.

Economic activity is getting better, but that's like saying, "the good news is the patient didn't die."

[POKERSAM]

economic BOOM ?????? I think you have been drinking your own Kool Aid, Old Timer. LOL...Lmao...heh heh... What do you think? HMMMMM!!!! :)
Huge debt bubble will burst just like all bubbles burst. Global liquidity already drying up. Assets being unloaded worldwide.
Money created out of thin air is disappearing into thin air.
Perma bulls are a dime a dozen. Just listen to the business channels through any day. It is always easy to be a bull. Look at the Perma Bulls at the tops of 2000 and 2007. (You are a great example) They could not believe it. Secular bear markets always sneak up on the perma bulls. They also last longer than Perma Bulls expect.
This secular bear is not over.
Please turn out the lights on your way out.

[jumanji0881]

The perma bulls have worn that argument out:

fed buying program????.....rates allways go up in anticipation of an economic boom


Rates have moved up because bond holders fear the Fed will taper and then end QE. I don't think they will taper or end QE, but QE is causing more problems than it is supposedly solving. The Fed is clearly worried about the bubble in housing, junk bonds, and even stocks. The Fed has artificially suppressed rates since 2008 and they are now responding to a possible removal of that suppression. Rates are not moving up because of an expected economic boom, but it does not surprise me that I hear that argument quite often in business commentary.

[HD168]

da_chief: economic boom?

Without bernanke's QEs, market would be in 3rd recession now since year 2000. You have to appreciate bernanke and fed.

After this correction, rally will continue as QEs. But it has little to do with economic.