They’re worried about bond market mayhem. And the financial system.
“Nothing is happening inside the Eurozone that favors growth.”
“Bond Bubble becomes more extreme” and stocks are “overvalued,” say 11,000 financial professionals – but where’s the dang sell-button?
This is just the beginning, a new trend that’ll turn into the next craze.
The new spirit of austerity.
Economists who still have their wits about them – if there are any left – are baffled.
But what do they know that others don’t?
It would be hilarious if it weren’t so serious.
We expect a crack – even a crash – in stocks this year. But that won’t be the end of it.
Throw enough money at anything, and you’ll kill it.