Bob Rodriguez on Wealthtrack

[dcollon]

I know some of you like FPA as much as I do, so I thought I would post this interview with Bob Rodriguez.

 

http://wealthtrack.com/index.php

 

[Hawk4value]

Great post. I follow Bob Rodriquez as well. I agree with his point that the Federal gov't will become a larger share of our economy and deficits and total debt will continue to grow and become a larger % of GDP. I believe he also implied that this would cause Treasury debt to explode and interest rates to go up. He indicated that the New Income fund was 25% cash, and that 99% of their bonds were AAA and short term.

 

Is Rodriquez keeping the fund liquid and short term, waiting for the debt crisis to hit and interest rates to explode upward before he goes further out on the yield curve.??

 

Feel free to comment.