Quote:
Originally Posted by MadBlaster
in part the low yields, its a flight to safety. mostly due to what is going on with the euro. that's why the yields at record lows. that's why bank runs in greece. its a contagion that is spreading. the yields are also low due to central bank policies.
always listen to what the bond market is telling you over what the stock market is telling you. stock market is for the computer algorithm/speculator/day trader crowd and is being propped up by the fed. so, if your long term investor, I would just stay away from it for now until things settle out. it could be few more years. preserve your capital for now. this is jmho.
facebook ipo, what a joke. just had to say it again.  |
now that was funny. apparently UBS lost a shedload on that, and are trying to sue the stock market, because they were trying to buy online and kept hammering "submit" for a million shares. because it didn't do anything the first time the button was pressed... cue multiple orders for a million shares. whoever was pressing that button probably has a nice cardboard box with all their desk furniture in it now.