About Me

Retired chief investment officer and former NYSE firm partner with 50 plus years experience in field as analyst / economist, portfolio manager / trader, and CIO who has superb track record with multi $billion equities and fixed income portfolios. Advanced degrees, CFA. Having done much professional writing as a young guy, I now have a cryptic style. 40 years down on and around The Street confirms: CAVEAT EMPTOR IN SPADES !!!

Tuesday, August 24, 2010

The Five Year Treasury -- Gadzooks!

The 5 yr. Treas. is now trading at a paltry 1.33%. Most folks would
do better to pay off debt, have a yard sale and a garage sale and put
the unsold stuff up for sale on E-bay. Or, you could set up as a Lego
pieces broker / dealer. Chart.

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