Closing Time

Markets are just about too close. 30 year bond has come off about 10 basis points from the highs. Word is the Japan is going to buy bonds until the end of time. I guess this is the market that we work with. Its really a combination of capitalism and price fixing. Apparently Japan thinks there is infinite demand to consume in the US, even though the data seems to be saying otherwise. Quite frankly, I think Asia is clueless about how to run there economies. You can't suck away all the US manufacturing jobs and expect people to keep buying things forever. Duh! Where is Andy Xie? Does anyone know if has been rehired by another firm?