First Tidal Acquisition Corp T.AAA

Primary Symbol: V.AAA.P

First Tidal Acquisition Corp. is a Canada-based capital pool company. The Company's principal business is the identification and evaluation of a qualifying transaction and once identified or evaluated, to negotiate an acquisition or participation in a business subject to receipt of shareholder approval, if required, and acceptance by regulatory authorities. The Company has not generated revenues from operations.

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First Tidal Acquisition Corp

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Comment by edxon Aug 01, 2012 2:23am

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Post# 20171949

RE: RE: why I sold my trading position today at 58

You don't think the largest bond trader in the world has a conflict of interest saying stocks are dead? Where do people put their money when they're out of stocks?

Interest rates are at historic lows and have no place to go but up from here. The question is really, how soon? No matter what your opinion on that particular question is, the one thing that isn't in question is that bonds are going to get massacred when that happens.

In fact, given that there is only one possible direction for them to go, buying bonds now is akin to buying real estate at the frothy top of a bubble. I guess you get the yield at least. Will it be enough to offset the capital loss + inflation? Odds are not in your favour.

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