They always tell you no one rings a bell when a market top or bottom is reached. But a bell is now ringing for the end of the 30-year bull market in U.S. debt. And ironically, the bell ringer is our very own U.S. Treasury Department.
When The Stimulus Plan left the House of Representatives, it was clocking in at 1,788 pages. For a bit of perspective, War and Peace - the longest novel in literary history - is 1,463 pages and is only slightly less boring.