yield or bond market no longer reliable economic indicator. reliable economic indicator is equity market. economy is getting better as equity market RALLY each day HIGHER LOW and HIGHER HIGH!!!
Economy is not great. Stock market will fall soon... TLT should not fall with it, but you never know...
True-One can not be complacent about the notion that high grade bonds should automatically benefit from a decline in commodities-equities-real estate. There is always the one time that does not happen-In that case, cash and shorts only.
Sentiment: Strong Sell
A short-term cash rate that continues to remain at zero percent is compelling evidence that the economy has not only failed to improve, but the underlying imbalance of overall total debt has worsened.