By John Galt
August 18, 2011 – 21:32 ET
Uh, the fear trade is not only on but accelerating. Here is a 1 week chart of the Euroswiss 3 month futures which as they move further above 100, they yields move further into negative territory:
The more disconcerting question is this:
What do the world’s extreme millionaires and billionaires know that we don’t?