patrick.net

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.