Wealthtrack – The outlook for US Treasuries

By Prieur du Plessis, on February 22nd, 2010 posted in: Investment, Markets, Money

Investment guru Marc Faber calls Treasuries junk bonds. Best-selling Black Swan author Nassim Taleb says, “It’s a no brainer, every single human should short US Treasury bonds.” And there is a new expression among traders on Wall Street these days, “anything but Treasury bonds” or ABT for short. Is the conventional wisdom right?

This week on Wealthtrack, Consuelo Mack poses the question: What place do US Treasuries, bonds in general, stocks and alternative investments have in an investment portfolio in today’s markets? The guests are Robert Kessler, head of Kessler Investment Advisers and one of Fortune Magazine‘s “Top American Investors” and David Darst, Morgan Stanley’s chief investment strategist and author of The little book that saves your assets.

Note: The transcript of this interview is not available yet, but will be posted here as soon as it arrives.

Source: Wealthtrack, February 18, 2010.

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