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Stephanie Pomboy on the Corporate Credit Crunch | #494

The Meb Faber Show - Better Investing

CHAPTER

The Importance of Tea Bills

The tea bill thing I think is worth underscoring because especially right now when you, there's so much uncertainty. You can get 5.5% in a six month tea bill on an investment grade bond. So you're chasing risk for 25 basis points. One area that could be interesting and it does kind of relate back to the whole topic of the dollar and gold, et cetera is the brick plus meeting where there have been rumored to announce a currency that will reference gold.

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