ｎｏｗ ｉｔ ｍａｋｅｓ ｓｅｎｓｅ

老黄

俺一直在想为什么这国债一直在涨呢
现在明白了。
ｃｒｅｄｉｔ　ｓｐｒｅａｄs are going to be widen
cash flow directions are going to be changed or even reverted.


the question is

should I panic?!!!!

knight2017

reverted cash flow means money leaving risky asset (the current direction). if this is TRUE and you are extreme bull, i think yes panic is a reasonable feeling.

老黄

好像大家反应都不热烈。为什么泥

netfire

not if you are a bear.
if the fed begins to withdraw liquidity vigorously at an early date while keeping interest rates at their present abominably low levels for far too long, the fed will deserve the hyperinflationary depression it will almost certainly get.

老黄

4# netfire


好多大牛不是这样子看滴呀

layschips

老黄您的风格很似以前的某位版主啊

表臭美先，没人觉得您象小白龙哈

源济

老黄

6# layschips


PEI， 俺这就买一包薯片，狠狠地嚼

AGA7d

4# netfire

Well, you are not going to see it from this Fed. Ben is extremely accomodative to the WS.

Ben knows as long as the crisis won't happen in his term, he does not care.