It’s about time we begin to see reality sink into someone!
“If we see 4 percent on the 10-year yield in the first quarter of 2014, crawl into that bomb shelter, because that will crush every market out there” Jeff Kilburg of KKM Financial
Others are beginning to predict 4% by the end of 2014.
“Three percent to 3.25, that’s not a big deal. But if we get there in a week or two weeks, that ferocious manner will really make people rethink their equity portfolio and their equity allocations.”
That would not be good, folks.
Where is that Ayn Rand quote? Oh yeah, here it is…
“You can deny reality, but you cannot deny the consequences of reality.”