The one chart that scares Richard Russell
Monday, February 22, 2010From The Pragmatic Capitalist:Nothing would derail the Fed’s great reflation/recovery experiment like higher interest rates.Several notable investors including David Einhorn and Julian Robertson, have expressed their concerns over the potential for higher interest rates.The great Richard Russell of the Dow Theory Letters has long feared a spike in interest rates. In a recent note he explained that the end of quantitative easing has bond investors worried over the future of interest rates. Russell believes...More from Richard Russell:
Monday, 22 February 2010
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