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See, the headline says so. You can click it for the article. (Note from Tim: I find the image of Gross above absolutely hilarious. Anyway, back to the post.)
Hedge-fund veteran Paul Tudor Jones has joined the growing chorus of big hitters in the fixed-income world warning that bonds are well and truly in a bear market.
Back on January 26th (the lifetime top of the stock market, as it turns out), I wrote a piece called Overhyped in which I suggested shorting Overstock. I liked the chart, and as I said in the post: “But the ONE time I bought something from Overstock was just a nightmare, and I was amazed the company was even in business (plus their CEO has some weird hangup about short sellers). So – – feh! – – I’m short.” So far, so good:
