Prechter on The Next Major Disaster Developing for U.S. Treasury Bond Holders
Interest-Rates / US Bonds Oct 26, 2010 - 01:48 PM GMTGreetings investor,
If you have money in mutual funds, Treasury bonds, municipal bonds or high-yield bonds, Robert Prechter has just issued a crystal-clear warning for you: Your money could be at risk.
Prechter, the famed market forecaster who specializes in Elliott wave analysis, sent similar warnings about the Nasdaq in 2000, real estate in 2006, the blue chips in 2007 and commodities in 2008. His forecasts proved deadly accurate.
In trademark fashion, Prechter now has his readers focused on something most mainstream investors, analysts and advisors are taking for granted: the safety and stability of the bond market.
Why worry about the safety of bonds, you ask? A recent USA Today article reported that investors put a "record-shattering" net $376 billion into bond mutual funds in 2009, and individual investors and mutual funds are "still showing the love" in 2010.
After such explosive growth, Prechter says bond investors have been pushed to the edge of a mile-high cliff. Millions of investors are just one step away from tumbling over the edge.
If your hard-earned savings are exposed to the developing risks in these markets, you owe it to yourself to heed Prechter's urgent warning.
Regards,
EWI
About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world's largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private investors around the world.
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