Wednesday, May 18, 2011

Former OMB Director David Stockman talks U.S. debt crisis on Bloomberg TV

Hot topic...debit crisis, taxes, interest rates.... billions will be made off the interest rate hikes... how are you going to play it?  Long TBT leaps probably work and you get the rho kicker....its all about timing though.  if you're bullish the market and believe interest rates are going higher LEAPs are better than equity IMO.

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