No. of Recommendations: 1

Market top? Getting close.

My sniff is not yet, we are probably at the base of another run up. Bonds, as we have endlessly yammered about, have been toppy longer than most of us can afford to be solvent if we just ran with the macro view and are capable of staying there.

Why are they cold calling? The same thing happens in a real estate office, if the rates rise and we have someone sitting on a fence about buying or putting in an offer we call em up and back the hearse a little closer to the door. Brokerages are about sales, desks are about commissions.

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