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Date: April 21, 2014

“IF” – Something Ain’t Right

IF the employment data are improving…
IF retail sales remain strong…
IF the Fed is tapering because the economy is doing better…
IF consumer sentiment is constructive…
IF shipments at Port of LA see largest increase in 7 years…

IF, IF, IF…

Then why is the most economically sensitive bond’s yield falling out of bed like something dark is lurking?

Author:

Paul Schatz, President, Heritage Capital