Wednesday, January 8, 2014

We Are Surely Approaching A Major Low In Interest Rates

The Nasdaq was in a bubble at the end of 1999. It still managed to rise 30 percent to the March 2000 peak. Thereafter, it was all the way down. Possibly Treasuries rally more, but after a bull market, which began in September 1981, we are surely approaching a major low in interest rates. I am sure that over the next 10 years investors buying today U.S. 10-year T-notes and 30-year bonds will lose a ton of money. - in FirstCoastNews

Related ETFs: iShares Barclays 20+ Year Treasury Bond ETF (TLT), ProShares UltraShort 20+ Year Treasuries ETF (TBT);

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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