My latest discussion concerning the U.S. bond market as being an exceedingly large asset bubble can be found on “The Immense Bond Market Bubble And Future Economic Consequences” page.
The existence of a bubble of this size is highly noteworthy and vastly problematical. The effects this asset bubble has had – and, more importantly – will have – on the American economic future is profound.
The Special Note summarizes my overall thoughts about our economic situation
SPX at 2659.41 as this post is written