Monday, May 18, 2015

Could professional investors be wrong on US Treasuries

There is nothing unusual about the fact that Big Money Managers are bullish about stocks (83% of them are bullish about European stocks), but what is really remarkable is that only 12% of them are positive about US Treasuries (88% are bearish).

Just remember how many experts lost money shorting JGBs in the last few years. Professional Forecasters have consistently failed to forecast the future yield on Treasury Notes accurately. 


VIA http://www.octafinance.com/marc-faber-macro-views-and-investments-us-bonds-currencies-and-gold-miners/