Here’s another one. I don’t see anything new of substance from the Fed. The left fears high oil prices and slow revenues while continuing to talk about the funny current recovery.
Fed Giving Credit Markets Clues on Path to Exit From Unprecedented Easing
http://www.bloomberg.com/news/2011-03-10/fed-giving-credit-markets-clues-on-path-to-exit-from-unprecedented-easing.html
[Title and link only, no content from Bloomberg should be posted on FR.]
If a portfolio is beating inflation, tinkering on the edges is all that is necessary.
Gross said this morning that he still has short term treasuries (12 mos. and less); the fed has kept interest rates 1%-1.5% lower than market. He likes emerging market bonds, including Spain and Portugal.
yitbos