The Bond Market Bubble

 | Aug 06, 2017 01:36AM ET

We discuss the topic of the Bond Market Bubble which came up this week as former Central Banker Alan Greenspan made multiple media appearances discussing the Bond Market being in a bubble, thus leading to debate in the financial community. What is apparent from Greenspan`s comments in totality is he still doesn`t understand much about financial assets and asset bubbles and the financial crisis he helped cause in 2007/08. Until we get more qualified people in institutions of authority from Central Banks, Congress and the Oval Office ultimately the United States is headed in the wrong direction. Can kicking hides can be a bad policy for only so long!