Scott Wolf, CEO of Grace Century and Director of Research, has been urging all of Grace Century members to start positioning short the bonds for almost a year. Wolf provides his insight in an upcoming Investment Life magazine article, to which he is also a monthly contributor. The article below is a great example of why one must take a longer view of market cycles.
DAVID TEPPER: ‘It’s The Beginning Of The End Of The Bond Market Rally’
By Myles Udland September 4, 2014 11:36 A
David Tepper calls the end of the bond market rally.
David Tepper says the bond rally is over.
Speaking in an interview with Bloomberg’s Stephanie Ruhle, Tepper said, “It’s the beginning of the end of the bond market rally. We are done.”