Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Tuesday, October 7, 2008

Yield curve

the yield curve is coming in nicely.

3 month up .4%
6 month up .25%
2 year up .04%

and the rest inch their way along.

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