AUTHOR
Mick Weinstein
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Investing isn’t all that different from growing a garden
Americans think gold is the best long-term investment — a reflection the very low opinion of the bond market, and perhaps an improving one for housing.
As I’ve discussed quite a bit recently, the recent sell-off in the U.S. Treasury arena seems to underscore the point that the money and bond markets have finally ‘come to the Fed’ and accepted this higher-for-longer theme.
Pavlov’s dogs became conditioned to associate a bell with a reward. Does that sound all that different from equity traders right now?