Tuesday, October 2, 2012


...can prevent portfolio fires.  Ben is putting them out with gasoline, which, by the way, has made gasoline prices go up (among other reasons).

More unintended consequences from the government's misguided plan - persistently low interest rates is hurting savers (Ben wants everyone to buy risk assets). But it is also hurting Social Security, which is mandated to invest in Treasuries.

Ooops!  Sorry folks.

No comments: