Sat, 8 October 2016
Rick Ackerman believes that interest rates are going lower still. That means that Treasuries will be the place to be. He's not worried about the US Government defaulting at this point. That's for later. He's watching where Buffet is putting his money, into real things. Now is not the time to be searching for return. Now is the time to be looking for safety. Finding safety in a dangerous world is extremely difficult and that will lead to declining government bond yields, for sure.
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