Yeah...they messed up with this quantitative easing...it was suppose to create inflation...but they got deflation...now that they are raising...they get inflation.
I think the Euro zone is much worse off than us at this point in time...they need to put their money to work somewhere and they can't keep it in their banks for fear of losing it...Some say they are going to emerging Asian markets...I think most of it is being put into the US bond market and the stocks.
I think after Euro zone crash...it will be ours...too much sovereign debt. So I will be looking for bonds to rally big time before the tank happens...
Spike