patrick.net

sbh says

I'm content to hedge the USD with ownership in EM miners and energy producers.

I'm not in equities of any kind any more, but commodities right now are pretty scary even indirectly through miners. China is just such a huge part of the market yet is totally opaque. I've been reading some of the mining companies in Australia have stock valuations way less than assets. That wouldn't be a bad play. I can't see how energy won't drop through the floor in the next few years. The US ins't the only market that is going to take up fracking. I can't see how there won't be oversupply coming with so much production coming on line while demand isn't really going anywhere. When oil fell to give away prices in the late 90's oil driller and oilfield suppliers stock went to give away prices along with it.. I bought a ton and sold it 5 years later for an obscene gain.

Call it Crazy says

bob2356 says

then go to bed.

Oh Bob, is your Dementia really bad today? Go look at the clock, it's 10 AM in the Northeast... Do you know where you are? Better go check with your home health aide!

Children need their nap times, so 10AM is just about right. Don't forget to lock the door.

sbh says

Just seat of the pants observation of the nation: the boomers have the money and their appetite for risk is shrinking as they age. Treasuries pay a pittance but they are safe and liquid and look good if deflation persists or increases. The wealthy spread risk capital across the spectrum, and if they have lavish life style costs they need cash. Treasuries act as cash. I think the 1% own a shitload of them. JMO. I own a shitload.

Yep. The government bond bubble may still have a ways to go. Watch out for cracks in the corporate bond market though.

Not investment advice.