Where will money go ?
Albert broccoli is the Bond Guru.....or was.
More likely is a flock of Nags coming and pecking and Henning us to death.
What this means is that when you have direct deposit for your paycheck they will CHARGE YOU for the service
People/banks with cash get the STRONG message there is going to be debt deflation and scramble to preserve cash.
Once it starts, and it appears it has, it's a long way to the bottom. Central banks have but ONE potential course, 5-10% on 10 year bonds is conceivable, but more likely due to moral weakness we'll see rates go further negative...feeding even more deflation.
Oil traders took some profits before the Fed meeting, which is expected to lean toward no action. Fundamentals say that oil will continue up a little for the time being.
Very stable, for now, like flies on a screen before a storm. Drive! Drive and fly while you can!
Oil Is Set To Rally Beyond $50
Jun 10, 2016
http://oilprice.com/Energy/Energy-General/Oil-Is-Set-To-Rally-Beyond-50.html
2016 Crash | Bond Market Collapse | Carl Icahn [Low rates.]
https://www.youtube.com/watch?v=zDI-SrJwtUA
Central banks have one product- money. And they’re crapping all over their own product. It’s like watching KO screw with their classic formula back in the 80s.
Unfortunately, they have a monopoly. For now.