(LUKE GROMEN): MID to LONG-TERM western sovereign BONDS are NOW UNINVESTABLE, at least on a real basis!
READ THE ENTIRE LUKE GROMEN X POST HERE!
"Mid- to long-term Western sovereign bonds are now uninvestable, at least on a real basis" -FFTT
Here's LT USTs (ZB) v. gold, since global Central Banks stopped growing holdings of USTs on net in 3q14. 1/
2/ Here's LT USTs v. SPX, since global Central Banks stopped growing holdings of USTs on net in 3q14:
3/ Here's LT USTs v. Nasdaq, since global Central Banks stopped growing holdings of USTs on net in 3q14:
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