Aug

20

 Come to think of it, Mr. Owen's analogy of the killer whales coordinating a great wave to wash a seal to its death was exactly like the desperate bond action of Friday and so many other markets in their final throes in one direction.

Russ Sears writes:

Much ink (or bytes) have been spilled on the checkered past of Bill Gross's market timing on stocks. But one wonders how much these timed stock market jabs are a pilot fish/diversion for the perceived shark attack on bonds. I have not seen a good counting effort on either. 


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