donttreadonme
2009-05-13 22:35:39
FYI,
Keep your powder dry and your Treasuries/Cash short-term. 75% chance or greater that the Fed Funds rate is 6%+ by next year. Remember, the Fed/President will ALWAYS side with the Sovereign over the economy. See Carter/Volcker. You can bank on DOW 4500 also. But I wouldn’t short and walk away – Bears eat shorts for dessert. Hedge your equity; go TIPS for bonds; stay heavy cash; dabble in gold and utilities. Ignore Kudlow. Make hay in 2013.
