Monday, January 5, 2015

Treasuries a good buy says Gary Shilling

You've got deflation, the safe haven effect and foreign money pouring into treasuries. I think this is going to continue with all the drama we see in Russia and elsewhere.

The Fed is on hold for probably a couple more years. We’re in that deleveraging. It’s over-whelming all the fiscal stimuli we’ve had. It’s resulting in slow growth. It’s a continuation of the 2% real GDP growth in this country.