Bonds Bull Market Has Another 8 Years: Advisor

[lsa420]

"He also suggested the government enlist celebrities to help sell bonds that would be used to build a nationwide bullet-train system—a project similar to the Hoover Dam construction during the Great Depression."



http://www.cnbc.com/id/38001211

[chr5648]

Re: Bonds Bull Market Has Another 8 Years: Advisor

He also suggested the government enlist celebrities to help sell bonds that would be used to build a nationwide bullet-train system—a project similar to the Hoover Dam construction during the Great Depression.

"I think you need a big spending project," he said. "We should have the greatest bullet train...in the world."

So then we can bail it out.

How can a bullet train possibly be feasible in america. Maybe an NY-DC train, but the cost would be astronomical. Its much cheaper currently to take a 4hr bus ride than a comparable train ride at 3.5 hours. The train ride costs 4x as much and is subsidized amtrak, while the buses are privately run and cost 1/4 the cost.

[pescamaaan]

Re: Bonds Bull Market Has Another 8 Years: Advisor

The train ride costs 4x as much and is subsidized amtrak, while the buses are privately run and cost 1/4 the cost.

the roads that the buses travel on are built with federal funds. that's not a subsidy?
the oil and gas that fuels those buses is often from dangerous parts of the world; parts of the world that require US military might. is that not a subsidy?

also, a train is a much more pleasant experience than a bus ride. it may not justify 4x the cost, but it is some multiple of comfort over a bus.

finally, amtrak acela is not true bullet train. it wasn't built right.

[charliebrown]

Re: Bonds Bull Market Has Another 8 Years: Advisor

On talk radio lately, I'm hearing frequent commercials of firms selling municiple bonds. When is the last time you heard that? Someone trying to unload? Municiples can't unload enough of the bonds through the normal channels?

[BigBagel]

Re: Bonds Bull Market Has Another 8 Years: Advisor

"He also suggested the government enlist celebrities to help sell bonds that would be used to build a nationwide bullet-train system—a project similar to the Hoover Dam construction during the Great Depression."

Maybe Lindsay Lohan would do buy US bond commercials pro bono.

[cjppjc]

Re: Bonds Bull Market Has Another 8 Years: Advisor

On talk radio lately, I'm hearing frequent commercials of firms selling municiple bonds. When is the last time you heard that? Someone trying to unload? Municiples can't unload enough of the bonds through the normal channels?

In the New York area these adds, radio and tv have always been around. I haven't seen a tv add lately.

[chr5648]

Re: Bonds Bull Market Has Another 8 Years: Advisor

the roads that the buses travel on are built with federal funds. that's not a subsidy?
the oil and gas that fuels those buses is often from dangerous parts of the world; parts of the world that require US military might. is that not a subsidy?

You also pay a toll for the roads. Everyone, even the most limited government advocates will not argue against the road and interstate infrastructure, they are crucial to society and its functioning. Many will also disagree with the misuse of the military for oil, I also believe there is an over exaggeration that the wars are after oil. The middle east and others in the world would still sell us oil, they need the money. Even the 'evil' russ

I don't use the train and still somehow federal and state officials manage to divert tax 'revenue' into the train systems. How about getting these systems to be sustainable and efficient. For me its too obvious that these 'bullet trains' will eventually be bailed out.

also, a train is a much more pleasant experience than a bus ride. it may not justify 4x the cost, but it is some multiple of comfort over a bus.

subjectively, also depends where this train is going through what areas, and what types of luxury services you order, taking a limo to dc from ny would also be pleasant with a huge cost.

finally, amtrak acela is not true bullet train. it wasn't built right.

think about how much it would cost if it was a bullet train. 10x the cost of a bus?

[BigBagel]

Re: Bonds Bull Market Has Another 8 Years: Advisor

https://www.boltbus.com/default.aspx

Bolt Bus.......NYC/33 Street to Union Station, Washington, DC........23$ with extra legroom and wifi and plug-ins.

[Sidewinder]

Re: Bonds Bull Market Has Another 8 Years: Advisor

And back on topic...

[jneal3]

Re: Bonds Bull Market Has Another 8 Years: Advisor

In the New York area these adds, radio and tv have always been around. I haven't seen a tv add lately.

Around Detroit the radio ads are noticeably new (within the last few weeks), and startling; banksters are trolling the provinces for suckers.

[lsa420]

Re: Bonds Bull Market Has Another 8 Years: Advisor

Around Detroit the radio ads are noticeably new (within the last few weeks), and startling; banksters are trolling the provinces for suckers.

Which firms are pushing muni-bond investments to the general public?? I have never heard of this.

[c1ue]

Re: Bonds Bull Market Has Another 8 Years: Advisor

I could understand if the prediction were based on something like Japan - where the 10 year yield is 1.3% (vs. the 2.9-ish% now).

But the justification using a 35-40 year cycle is just ridiculous.

Where is the precedent for breaking out of Bretton Woods? What about a global reserve currency by a nation which is heavily in debt - and going more so every second?

[charliebrown]

Re: Bonds Bull Market Has Another 8 Years: Advisor

Next time I will pay attention and listen for a firm name. These add are on WLS radio AM 890 out of Chicago, which has a giant reach across the mid-west, especially at night. On drives down to the gulf, I think I can still hear it south of Nashville. I know I can hear it in the UP of michigan too.

[lsa420]

Re: Bonds Bull Market Has Another 8 Years: Advisor

I could understand if the prediction were based on something like Japan - where the 10 year yield is 1.3% (vs. the 2.9-ish% now).

But the justification using a 35-40 year cycle is just ridiculous.

Where is the precedent for breaking out of Bretton Woods? What about a global reserve currency by a nation which is heavily in debt - and going more so every second?

Ridiculous is correct. Unlike yourself, this guy clearly has no c1ue.

[jneal3]

Re: Bonds Bull Market Has Another 8 Years: Advisor

Next time I will pay attention and listen for a firm name. These add are on WLS radio AM 890 out of Chicago, which has a giant reach across the mid-west, especially at night. On drives down to the gulf, I think I can still hear it south of Nashville. I know I can hear it in the UP of michigan too.

Same here - I heard them on WWJ 950 in Detroit, and will listen for the firm - the tenor of the commercial was similar to those trying to get people to sell their gold, only in this case they were trying to get people to buy their bonds. Hmmm...