[From The Archives] Century Partners 1970 Barron's Interview – Shorting Vs Buying Bonds

• [From The Archives] Century Partners Barron’s Interview -- Part One
• [From The Archives] Century Partners Barron’s Interview -- Part Two
• [From The Archives] Century Partners Barron's Interview -- Part Three

Continued from part three…

[klarman]

“B: What’s your current view of the Market?

Harpel: Short-term, we think we’re within 10% of the bottom of this particular move. Long-term, however, we still feel we’re in the midst of a major bear market. The fact is that the basic forces that created the current situation still exist.

Pressures on the debt and equity markets are still with us and the lack of liquidity will create additional difficulties for the market during a period of economic. Long-term governments yield 200 basis point more than cyclical...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article

Already a member? Log in here