The stupidity of this statement: “Huge supply coming…”
July 27, 2009 at 11:36 AM EDT
[Skip to the end] Mike Norman Economics The stupidity of this comment: “Bond market facing huge supply.” Week after week after week, you hear these TV commentators or other “know-nothing” economists and analysts talk about the “huge supply” of new Treasuries that is coming and how that is going to cause interest rates to spike up. One quick glance [...]