Feel free to join me there, already doing what you propose. My feeling, and I guess that of Mr. Moneybag liberal, is with all the additional money coming out of the economy to fund health care taxes, fees and the like plus higher premiums, there will be little left for descretionary spending by the average person. Furthermore, when interest rates start to go higher, which has begun, due to competion for cash to fund the government incessant need to sell bonds plus reduced Fed purshasing, the cash is coming out of an earnings challeged stock market. These are the things they don’t tell you on CNBC as one tout after another comes forth to peddle their wares.
Furthermore, when interest rates start to go higher, which has begun...
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You’re right. The yield on the 10 Year T has risen steadily since early November. Just something to keep an eye on.
http://finance.yahoo.com/q/ta?s=%5ETNX&t=3m&l=on&z=l&q=l&p=&a=&c=