••The next great bubble

[clearfund]

I agree that US Treasuries are in an all time bubble that it is painfully obvious.

Rates are at all time lows….which means the only significant move in bond prices is higher.

I have always found it easier to participate in a deflating bubble as it is easy to see a bubble when it is here rather than trying to guess what might turn into a bubble.

We all knew housing was in a bubble, but didn’t know how what to do. We made more profit shorting MBS beginning in 2006 than we made on the way up…

Thus, look at one of the short/ultra-short us TBill ETF funds and sit back

[clearfund]

I agree that US Treasuries are in an all time bubble that it is painfully obvious.

Rates are at all time lows….which means the only significant move in bond prices is higher.

I have always found it easier to participate in a deflating bubble as it is easy to see a bubble when it is here rather than trying to guess what might turn into a bubble.

We all knew housing was in a bubble, but didn’t know how what to do. We made more profit shorting MBS beginning in 2006 than we made on the way up…

Thus, look at one of the short/ultra-short us TBill ETF funds and sit back

[clearfund]

I agree that US Treasuries are in an all time bubble that it is painfully obvious.

Rates are at all time lows….which means the only significant move in bond prices is higher.

I have always found it easier to participate in a deflating bubble as it is easy to see a bubble when it is here rather than trying to guess what might turn into a bubble.

We all knew housing was in a bubble, but didn’t know how what to do. We made more profit shorting MBS beginning in 2006 than we made on the way up…

Thus, look at one of the short/ultra-short us TBill ETF funds and sit back

[clearfund]

I agree that US Treasuries are in an all time bubble that it is painfully obvious.

Rates are at all time lows….which means the only significant move in bond prices is higher.

I have always found it easier to participate in a deflating bubble as it is easy to see a bubble when it is here rather than trying to guess what might turn into a bubble.

We all knew housing was in a bubble, but didn’t know how what to do. We made more profit shorting MBS beginning in 2006 than we made on the way up…

Thus, look at one of the short/ultra-short us TBill ETF funds and sit back

[clearfund]

I agree that US Treasuries are in an all time bubble that it is painfully obvious.

Rates are at all time lows….which means the only significant move in bond prices is higher.

I have always found it easier to participate in a deflating bubble as it is easy to see a bubble when it is here rather than trying to guess what might turn into a bubble.

We all knew housing was in a bubble, but didn’t know how what to do. We made more profit shorting MBS beginning in 2006 than we made on the way up…

Thus, look at one of the short/ultra-short us TBill ETF funds and sit back

[Nor-LA-SD-guy]

OK My next bubble prediction besides elementary schools,
is
Full HD 3D camcorders

And TV’s

Got to record all those Kid moments..

[Nor-LA-SD-guy]

OK My next bubble prediction besides elementary schools,
is
Full HD 3D camcorders

And TV’s

Got to record all those Kid moments..

[Nor-LA-SD-guy]

OK My next bubble prediction besides elementary schools,
is
Full HD 3D camcorders

And TV’s

Got to record all those Kid moments..

[Nor-LA-SD-guy]

OK My next bubble prediction besides elementary schools,
is
Full HD 3D camcorders

And TV’s

Got to record all those Kid moments..

[Nor-LA-SD-guy]

OK My next bubble prediction besides elementary schools,
is
Full HD 3D camcorders

And TV’s

Got to record all those Kid moments..

[sdduuuude]

I’m starting to think we are in a Union bubble right now. This is along similar lines of an earlier post I made – regarding the next “down” event being in the govt sector.

Unfortunately, the only way to buy into this bubble is to send your tax money to local governments. Or join a union which supplies labor to local government.

This idea is heaviliy influenced by Mish’s recent rants on unions and pensions. The issue seems to be heating up. Wages and pension benefits are just too high with respect to fundamentals (current labor markets) and and the local governments can’t afford them any more. Something is going to break.

I just can’t see the labor market / tax base supporting such high-priced labor much longer.

The bubble bursts when governments start to declare bankrupcy in order to escape union contractual agreements.

[sdduuuude]

I’m starting to think we are in a Union bubble right now. This is along similar lines of an earlier post I made – regarding the next “down” event being in the govt sector.

Unfortunately, the only way to buy into this bubble is to send your tax money to local governments. Or join a union which supplies labor to local government.

This idea is heaviliy influenced by Mish’s recent rants on unions and pensions. The issue seems to be heating up. Wages and pension benefits are just too high with respect to fundamentals (current labor markets) and and the local governments can’t afford them any more. Something is going to break.

I just can’t see the labor market / tax base supporting such high-priced labor much longer.

The bubble bursts when governments start to declare bankrupcy in order to escape union contractual agreements.

[sdduuuude]

I’m starting to think we are in a Union bubble right now. This is along similar lines of an earlier post I made – regarding the next “down” event being in the govt sector.

Unfortunately, the only way to buy into this bubble is to send your tax money to local governments. Or join a union which supplies labor to local government.

This idea is heaviliy influenced by Mish’s recent rants on unions and pensions. The issue seems to be heating up. Wages and pension benefits are just too high with respect to fundamentals (current labor markets) and and the local governments can’t afford them any more. Something is going to break.

I just can’t see the labor market / tax base supporting such high-priced labor much longer.

The bubble bursts when governments start to declare bankrupcy in order to escape union contractual agreements.

[sdduuuude]

I’m starting to think we are in a Union bubble right now. This is along similar lines of an earlier post I made – regarding the next “down” event being in the govt sector.

Unfortunately, the only way to buy into this bubble is to send your tax money to local governments. Or join a union which supplies labor to local government.

This idea is heaviliy influenced by Mish’s recent rants on unions and pensions. The issue seems to be heating up. Wages and pension benefits are just too high with respect to fundamentals (current labor markets) and and the local governments can’t afford them any more. Something is going to break.

I just can’t see the labor market / tax base supporting such high-priced labor much longer.

The bubble bursts when governments start to declare bankrupcy in order to escape union contractual agreements.

[sdduuuude]

I’m starting to think we are in a Union bubble right now. This is along similar lines of an earlier post I made – regarding the next “down” event being in the govt sector.

Unfortunately, the only way to buy into this bubble is to send your tax money to local governments. Or join a union which supplies labor to local government.

This idea is heaviliy influenced by Mish’s recent rants on unions and pensions. The issue seems to be heating up. Wages and pension benefits are just too high with respect to fundamentals (current labor markets) and and the local governments can’t afford them any more. Something is going to break.

I just can’t see the labor market / tax base supporting such high-priced labor much longer.

The bubble bursts when governments start to declare bankrupcy in order to escape union contractual agreements.

[Author]

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