“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
All Risk, Little Reward
Does the 30-year yield hit the panic lows from late 2008, like the ten-year has been doing since last fall?
