No Return on Government Investments
Posted on October 07, 2011 at 15:12 PM EDT
The news was good yesterday. Investors heard that Europe had its problems under control. Then, Obama told them that he was going to give the economy a jolt. Investors breathed a little easier. The feds were on the case. The Dow rose 183 points. Meanwhile, bonds went down, with the yield on the 10-year note [...] No Return on Government Investments originally appeared in the Daily Reckoning . The Daily Reckoning provides over 400,000 readers economic news, market analysis, and contrarian investment ideas.