Soros is bearish? Yawn. So are a lot of people, yr hmbl srvnt included.
Probably more profitable to buy 180-day puts on 30-year and 10-year, although, if Benny Badbucks begins "tapering", both bonds and share prices are going to take a sizeable hit.
Good trading to you!
It’s one thing to be bearish. It is another to make huge bets against the economy which will cost you money if you guess wrong. And keep in mind he is close to obama.
Gosh, I hope so. Retirees who still have some assets left and near-retirees trying to accumulate savings need a sane interest rate on savings. Even 3% would make accumulating savings somewhat doable. My crazy hypothesis is that it would actually help the economy, as retirees would spend virtually all of that interest locally.
I'm real tempted if prices go down to invest in some small US companies that have managed to tread water through the financial mess if the prices go down two year lows.
I don't do much stock trading. It's more for the fun of it...my real savings aren't so great that I can risk them.