TLT - Daily / An Abomination of Debt
Eventually, perhaps... the 007s will come to understand and accept that the Bond Bull has ended.
TLT will be reduced to a Double-Digit Midget - another JunkcCo ETF used to entangle the Kingdom of
the Rain Dilletanttes.
Nixon knew it back in 1973.
Volker knew it in 1979 when Debt to GDP was nearly Nada.
Now it's well over 200% by Non-Fuzzy Math.
Unsure how anyone conceives of buying this using any/all rationale metrics but they do.
Simply an amazing denial of reality.
To each their own.
TLT will be reduced to a Double-Digit Midget - another JunkcCo ETF used to entangle the Kingdom of
the Rain Dilletanttes.
Nixon knew it back in 1973.
Volker knew it in 1979 when Debt to GDP was nearly Nada.
Now it's well over 200% by Non-Fuzzy Math.
Unsure how anyone conceives of buying this using any/all rationale metrics but they do.
Simply an amazing denial of reality.
To each their own.
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