What if the FED actually controls NOTHING? Let's just amuse ourselves and entertain the thought that despite the massive injections, and the relentless CNBC propaganda that a normal rotation NOT into STOCKS at this point, but into BONDS, as would a typical 4-5 year business cycle suggest.
I mean, these clowns talk about "a new bull market beginning." What? It started in 3/09!
A massive rotation now into bonds FROM the bull market out of 2009, results in Japan-like long term yields.
I mean, if we've learned anything-ANYTHING is possible. I'm personally not ready to buy TLT yet, but I see it forming.