Stay Tuned …

I do not pretend to be an expert on financial markets. However the financial markets amateur in me offers a big "Hmmmm ..." when I see headlines like this one from yesterday's Wall Street Journal: "Prime Time? Investors Bet Against AAA." In short, prime AAA mortgage bonds are going for 30 cents on the dollar. Yup, AAA!

What bottom?
(Hmmmm ...)