Jeff Kleintop just said that bonds are no competition for stocks on the Kudlow show. This was in the context of trying to figure why the stock market did so well today.
My initial reaction to that was "unless Barry Ritholtz is right and the S&P 500 goes to 880."
Bonds would look a little better maybe?
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Random Roger
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3 comments:
Um, its the last week of the quarter.
hehehe, i mentioned that in a post earlier today.
Roger, you see the latest commitment of traders report from the CFTC? Large funds are very long the ten year treasury futures.....
Daniel McNulty
http://www.financialhub.info/blog/
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