1). Can you give me an example from one of my posts where I "put words in your mouth" or when I tried to "explain what you own"?<quoted text> 1). To the contrary, I said don't explain to me what I own. Don't put words in my mouth. You know as well as I, you were merely questioning my knowledge of what I have. It's obvious you're out of your league. It's ok, you can't know everything. Why do you choose to act like it. Sit back and learn something, I'll sit back and let you teach me something. Maybe you could help me in areas I'm weak, but don't be-little me on the bond market.
I stated that the bond market is in dire straits and you provided me with information on junk bonds, which are not even close to exemplary of the market as a whole. Yet you continue to provide them.
Let's return to my original comments:
Stock Market: "Benchmarks lost their initial gains to end mostly flat as apprehensions about contracting profits of financial bellwethers dented investor sentiment on Friday. At the close of the trading session on Friday, markets recorded their worst weekly performance in four months."
"The financial sector had a bad run and the Financial Select Sector SPDR (ETF) dropped 1.3%. Stocks such as JPM, Citigroup Inc.(NYSE: C ), Goldman Sachs Group, Inc.(NYSE: GS ), PNC Financial Services (NYSE: PNC ) and Wells Fargo lost 1.1%, 2.2%, 1.5%, 2.8% and 2.6% respectively."
- The Financial sector is of the utmost importance. Losses within this sector are never a good sign.
Link: http://community.nasdaq.com/News/2012-10/stoc ...
Interest Rates: According to Forbes the interest rates are going to increase during the 2012 and 2013 season.
"I expect long rates to rise by about a percentage point a year for 2012 and 2013, which would leave the ten-year Treasury bond around four percent and the 30-year mortgage about 5.6 percent at the end of 2013."
"This is an ugly time for fixed-income investors."
Now, can you tell me that the market is in good shape when looking at this information?