"You are the very cause of your ignorance, yourselves. You put away the light, yourselves; you first pluck out both your own eyes, yourselves; and after that other men’s too, so that the blind may lead the blind, until you both fall into the pit.”
Thomas More, The Sadness of Christ (Gethsemane), Tower of London, 1535
23 January 2008
The Mother of All Bull Markets
An absolutely amazing chart, if you think about it, and its implications. Recall that as the price goes up, the yield comes down.