"I do not believe we are entering a new bear market at this time."
- Inflation pressure.
Certainly not a problem now!
- Interest rate problems.
Investors can get higher rates in fixed income investments that can better compete with equities.
- The economy starts to run at full capacity since factories are working overtime and it gets hard to hire quality workers so costs start to escalate and bottlenecks form.
"describes a form of monetary policy used by central banks to increase the supply of money in an economy when the bank interest rate, discount rate and/or interbank interest rate are either at, or close to, zero. A central bank does this by first crediting its own account with money it has created ex nihilo ("out of nothing"). It then purchases financial assets, including government bonds and corporate bonds, from banks and other financial institutions in a process referred to as open market operations."
U.S. Treasury Rates as of August 8, 2010
For more, see
US Treasury: Rate Quotes and Rates at a GlanceI will add more comments later after I've had time to listen to the show via ReplayAV.