(TOPs) Thoughts, Observations, & Postings by LightnRod1

Economic and Financial Thoughts and Comments

Thursday, March 19, 2009

Treasurys Are 'Disaster Waiting to Happen': Dr. Doom

The Federal Reserve has no option but to start buying Treasurys as the government's needs for financing are huge, but the government bond market is a disaster in the making, Marc Faber, reported to CNBC.
"I think we may still have a rally (in the S&P) until about the end of April and probably then a total collapse in the second half of the year sometimes, when it becomes clear that the economy is a total disaster," Faber said.
LightnRod1 at 2:58 PM
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