Dollar Index (Market-Ticker) |
"[In the above chart]There are two possibilities: Either the market is sussing out extremely serious upcoming events that are on the same scale as the collapse of 2008 or The Fed is about to lose control of the interest rate curve.
I believe Bernanke's hand is about to get forced, and when it happens I hope you have your seatbelt fastened securely low across your hips.
You're going to need it."
Ignore the storm warnings at your own peril... Very big players in the market are willing to take a .1 percent interest rate in exchange for the relative safety of the 13 week T-bill. What event could be so dire as to cause this kind of flight to safety? Only time will tell. In the meantime, watch for a major market dislocation in the coming weeks.
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