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Old 09-05-2010, 07:17 PM
randallscott35's Avatar
randallscott35 randallscott35 is offline
Idlewild Airport
 
Join Date: May 2006
Location: USA
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Quote:
Originally Posted by hi_im_god View Post
how can gales be right and bond yields are still heading down?

you two need to huddle.
If Gales had said the Nasdaq would collapse at 4k in 2000, would he be wrong? Yes, but it is a timing issue...Bubbles go far longer and higher than anyone imagines. Under 2% on the 10 yr is my call.
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