Monday, June 09, 2008

Cashhhhhhh... don't tell anybody

"There is now the distinct possibility of a simultaneous sell-off in global bonds, equities and commodities," said Jonathan Wilmot from Credit Suisse.

... reports Ambrose Evans-Pritchard in the Telegraph (I must start to read the big-words papers). Anyhow, this is what Marc Faber said months ago. Short-term, I have a feeling DE is still on for the 'flation hors d'oeuvre, with IN as the entree.

By the way, are any managers of collective investment funds actually saying the type of thing Wilmot is saying, to their clients (not the big, favoured ones, the others, the Moms 'n' Pops)?

(htp: Karl Denninger)

No comments:

Post a Comment

Unfortunately, because of a plague of spam comments, you need to be a "registered user", otherwise your observations will be buried in a torrent of multilingual nonsense. Please do comment!

Say what you please, so long as it's phrased politely and is not libellous or legally proscribed. Fact, reason and wit are keenly welcomed.