On Track for a U.S. Bond Market Panic - Eric Janszen

[ThePythonicCow]

Eric Janszen of iTulip.com predicted earlier today, before the US Federal Reserve announced QE3 Mortgage backed Securities $40B/mo (http://projectavalon.net/forum4/showthread.php?49756-QE3-Mortgage-backed-Securities-40B-mo), that the Fed would not announce any QE3 easing. He has since said his prediction was wrong, in light of the Fed's action.

He also anticipated, in that article earlier today, that we were On Track for a Bond Market Panic (http://www.itulip.com/forums/showthread.php/23521-Election-as-Forcing-Function-Part-I-On-Track-for-a-Bond-Market-Panic-Eric-Janszen). Then when the Fed announced more easing than he expected, he also concluded that "This accelerates our time table for a U.S. bond market crisis."

I've little doubt that Eric Janszen is right on this larger prediction -- that there will be a U.S. bond market crisis.

You can read more at: QE3 Mortgage backed Securities $40B/mo (http://projectavalon.net/forum4/showthread.php?49756-QE3-Mortgage-backed-Securities-40B-mo).

[ghostrider]

watch the stock market over the next two weeks it's gonna take a big dive, because when bonds are strong stocks are weak.

[ThePythonicCow]

watch the stock market over the next two weeks it's gonna take a big dive, because when bonds are strong stocks are weak.

What makes you think bonds will be strong over the next two weeks?

[ThePythonicCow]

Eric Janszen of iTulip.com predicted earlier today, before the US Federal Reserve announced QE3 Mortgage backed Securities $40B/mo (http://projectavalon.net/forum4/showthread.php?49756-QE3-Mortgage-backed-Securities-40B-mo), that the Fed would not announce any QE3 easing. He has since said his prediction was wrong, in light of the Fed's action.

He also anticipated, in that article earlier today, that we were On Track for a Bond Market Panic (http://www.itulip.com/forums/showthread.php/23521-Election-as-Forcing-Function-Part-I-On-Track-for-a-Bond-Market-Panic-Eric-Janszen). Then when the Fed announced more easing than he expected, he also concluded that "This accelerates our time table for a U.S. bond market crisis."

I've little doubt that Eric Janszen is right on this larger prediction -- that there will be a U.S. bond market crisis.

Eric predicted the NASDAQ dot.com stock market collapse before it happened, and moved his money out (he had been a high flying dot.com investor.)

Eric predicted the mortgage-backed-security housing collapse before it happened, and moved his money out.

Both times he urged calm, predicting that the over all economy and our (U.S. dominated) monetary system would recover.

He's getting nervous again ... and this time he is not urging calm. Just one brief, out of context, quote of Eric Janszen from his subscriber side: "It's all getting very weird."