Why I Am Long TLT (Treasury Bonds)

By -

My only large position is TLT, which I bought this morning.

Why, you ask?

FOR FULL 3-D EXPERIENCE: Right-click on this link to open a new tab for accompanying music as I explain.

Because I believe in America.

Because I believe in America's future prosperity, strength, and ability to pay back its borrowed money with interest.

Because I believe good old-fashioned American know-how, pluck, and fortitude are going to guide us to our best days.

Because I believe our elected representatives are steering the ship of state through some rough seas into a calm port.

………….

Ha! OK, OK, settle down. It's because of the Fibonaccis.

1216-TLT