Video: Andrew Barry says stay away from treasuries
The video below is an addendum to my post on Andrew Barry‘s Barron’s cover story piece regarding Treasury Bonds and the growing consensus to avoid them.
While I agree with the consensus about Treasury bonds being a bubble, I expect the U.S. economy to be weak enough to give Treasuries a shot at another large gain — albeit one which puts them further into bubble territory.
Related Posts- Another take on the treasuries bubble 4 Jan 2009
- Stephen Roach and Jim Grant: Video of credit crisis thoughts 29 Sep 2008
- Chart of the day: Dow Jones vs. Treasuries 4 Jun 2008