Mar

26

A startling divergence has occurred between bonds and stocks over the last four days with bonds down in price three points to within the lowest levels of the last few years and stocks at the opposite as always recently, near or at the pre Lehman September 2008 highs. The wisdom of a Lobagola and the Former Luminary, and the study of the work of Dimson and Lorie would be necessary to ascertain what this divergence portends.

In the old days the sight of Morse emerging from Trinity Church was enough to bull up Trolley or Union 10 points or more even after he had to scratch the backs of the members for lunch.


Comments

Name

Email

Website

Speak your mind

Archives

Resources & Links

Search