Dug should catch up with the rest of the ultrashort funds. The oil bubble+prolonged recession=steep decline in the price of oil. In my opinion, this is the most attractive of all the ultrashort funds.
We are entering a period of severe economic difficulty. Housing market is still getting worse; my hardware/building supply customers are still in decline. We won't have a recovery until housing turns. Commodities will continue to fall in this environment.
Can a service economy grow over the long run? Is our whole economy really just one big bubble? Will the credit default swap market implode?