These are attractive levels to get back into the market, and we are anticipating a good performance ahead of us. We plan to gradually accumulate Treasury positions.
The weakness in the housing market is going to prevail, and that is a harbinger of things to come for the rest of the economy. I bought Treasuries yesterday and plan to buy some more in the new year.
I'm planning to accumulate more Treasuries. Higher oil prices are going to depress consumption. It's a kind of a tax increase for consumers.