Weekend Entertainment & Reflection

My view:

Charles Biderman makes me chuckle with his jolly way of discussing the folly of central banks and the US treasury.

What is totally crazy is the thought of how a 2 year bond increased in value by a factor of 11 in only 4 years!

While the market has rallied strongly the past two days, I remain bearish in the long term.

Took a position in an inverse ETF today for protection with a tight stop (in case I'm wrong, Bernanke flips the QE switch on Tuesday and miracles do happen!)

Have a nice weekend.