US Treasuries No Longer Safe Haven
US Treasuries a few short years ago had the reputation of the world’s safest investment. Now one of the world’s leading investors is saying that stock investments in emerging markets (banana republics) are a safer bet. This is a change that we will feel in purchasing power, a weaker dollar, inflation, dollar devaluation…choose your term.
Mobius: US Dollar, Treasurys No Longer Safe Havens – CNBC: www.cnbc.com/id/43938134