We've seen that in the past that where you've had uncertainty, and even where the Fed is raising rates, Treasurys rise as everybody heads for safety.
Gary ShillingIf someone loves you, they can fall out of love with you but they're probably going to keep fearing you. That's where we are with [Donald] Trump.
Gary ShillingA [Donald] Trump win might be bad for stocks, but it would be very positive for the dollar and Treasurys.
Gary ShillingThe Fed wants to raise rates because they've been yelling and screaming about it. They've been crying wolf for so long that their credibility is shot, and I think they feel they need to.
Gary ShillingOPEC production went from 30 million barrels a day to 33 million. They flooded the market, and it's lost them a lot of money. Look at the Saudis: they just floated a $17.5 billion debt offering, they earlier borrowed $10 billion from a group of international banks; they're selling part of Aramco - they're desperate for money.
Gary Shilling