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all that the Fed has succeeded in doing, is getting everyone in the world to frontrun it in buying bonds. Period

By: capt_nemo in ROUND | Recommend this post (0)
Sat, 14 Jul 12 3:28 AM | 31 view(s)
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Ben Bernanke Has Created The Ultimate Bondsy Scheme

Submitted by Tyler Durden on 07/13/2012 17:27 -0400

Ben Bernanke
Ben Bernanke
Bond

Since January 2007, long-only equity funds have seen redemptions of $545 billion. In the same period bond funds have seen inflows of $630 billion. In the last few months, cumulative flows into equity funds have retraced all the way back to 1996. While every day is a QuEasy day for stocks, it seems the 'financial repression' is working as instead of getting everyone else to do the opposite of what the Fed is doing by making yields on other 'riskless' assets meaningless,

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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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