Pretty nice call on the tbx. Similarly, my girlfriend got into tnx the middle of April. She’s traveling today, I suspect she’ll dump it tomorrow morning.
I like the guys at Pimco. Gross is good. But I particularly like El-Erian. He doesn’t pull any punches. He had a column about a week ago basically saying the Fed has done everything it can with monetary policy, and laid the responsibility of the potential for high unemployment becoming structural at the feet of congress and their lack of fiscal policy action. Maybe I like him because I often agree with him.
