The Freedom Factory

China “worried” about U.S. Treasury holdings, California Congresswoman implicated in bank scandal, U.S. loses $11.1 trillion in household net worth, Mexican drug cartels have assassins in U.S., Texas governor rejects $555 million in stimulus money, Obama dispatches warships to Chinese waters…just the latest in your Freedom Under Fire Report! Continue Reading

China launching massive domestic stimulus, details on the $275 billion homeowner bailout, landmark Supreme Court ruling for drug makers, Chavez declares war on opposition media and nationalizes a U.S.-based company, lawmakers defend 9,000 earmarks including “swine odor research”, and a Russian economist predicts civil war in U.S. in 2009…just the latest in your Freedom Under Fire Report! Continue Reading

2008 was one of the best years on record for U.S. Treasury bonds. The ishares Lehman 20+ Year ETF-a good proxy for 30-Year Treasuries-gained 23% over the year. However, Treasuries seem to be winding down an unprecedented bull rally, with rates retracting from historical lows. The big question on traders’ minds is when the Treasury “bubble” will burst? It is still too early to tell, but TLT has taken a big dip over the last two trading sessions, down 4.55%. It should be noted that this occured over low volume holiday trading, but with general equity market volatility, as measured by the VIX, subsiding, this could be the start of a broader bond bust. Continue Reading