Saturday, December 13, 2014

Out of Oil, Into Treasuries

Where is the safe place for yield?  Prior to the big drop in oil prices, it was just there - oil.  After a 40% drop in prices over the past few months, investors need to look elsewhere.  And what timing for them to go into US treasuries, if they so choose, as the Federal Reserves exits its third installment of Quantitative Easing and the stock markets begin to dip on weaker than expected consumer numbers.

Ladies and gentlemen, the Fed has left the building.

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