Nowhere To Hide |
| October 16, 2011 | October 2011 Bond Updates |
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The Economist cover line gets the mood perfectly, just as it did two weeks ago with "Be Afraid," about the bad prospects for the economy. "Nowhere To Hide" refers to the dangers of investing today. It suggests cash is king, as this blog has done in recent weeks. It reminds us just how much money was lost by those who sat in Japanese shares in 1989-- before that deluge-- as it sniffs out a Japanese-style stagnation for the US and possibly the rest of the world. |
| View more at: http://www.forbes.com/sites/robertlenzner/2011/10/16/nowhere-to-hide/ |
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