“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
The Only Thing to Fear is the LFoD Fear Index
Our updated fear index is at all-time highs now. This is the ratio of the yield on the US Treasury 30 year Bond to the 10 year yield. Higher now than even the panic of March 2009.