Thursday, August 15, 2013

Tic...Tic...Tic..... Santelli

Keep what Santelli is saying when looking at this chart of the TBT or the Proshares Ultrashort 20 year treasury bonds.

or that monetary base per dollar of GDP (see the chart from below) is so far out on the curve that a very 'normalization' in rates will increase the risks of inflation and/or a large reaction by the Fed.

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