You are wrong. retirees are not in US bonds and TBT. They are where I am at in oil and gas trusts and real estate REITS. You hateful conservatives know nothing about economics and apparently also know nothing about winning elections when you shun women, Latinos and just about everybody else not old white and angry. Ben and the FED are right on and have been.
Do u know, he is buying $85B bonds every month to make rich insiders from all the bubbles? Who is hiring? No one, and who is being killed savers. The MF Traitor should be fired ASAP. He is creating scams again...The TRAITOR.
They do not do savers a service by keeping rates so low. But really that is the point of easing to encourage spending and discourage saving. MLP's, REITS and even high yield bond funds are ways to stretch your income but they all carry quite a bit of risk for a retiree.
I see some tech stocks like Amazon trading at bubble levels and some like INTC and MSFT trading very cheaply. The stock market is very disjointed. People are overpaying for growth and not focused on value. Great value in the stock market but gravitate they gravitate toward high beta stocks. Bonds the same thing in reverse. Folks are overpaying for perceived safety in Government bonds but not so much in corporate debt. Bubbles can go on a long time.
In the short run you have to be long equities. As long as uncle Ben is pumping liquidity into the system then equities will benefit. Bonds have probably run their course however it is still a difficult trade to short them as long as the fed it propping them up. In the long run the whole thing is a liquidity trap and bonds will suffer as well as equities when the whole thing is unwound.
Not really. Look how tech companies trade. The insiders are selling Billions in shares, and employees getting paid with dilution. Your 401K is going into management wallets. Crash comes soon, who wins..?
BEN is traitor.
Would you be happy with a Republican president and wars in Syria, Iran and a couple of other places?
How about the 2.2 trillion spent in Iraq to enrich the private contractors and create an ally for Iran? And you call Obama a traitor.