Emerging Bombs

Just about the only “honest” market left is bonds, which are reflecting the true underlying state of the world economy. The emerging bonds market, which peaked on January 5th, has been following a gorgeous pathway lower.

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Looking at the bigger picture, it’s plain to see just how much trouble this critter is in.

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Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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