Since he was once a significant investor in the coal sector, a question posed to Wilbur Ross was what natural gas price it would take to move power generators back to coal. Ross thinks that $4/mcf natural gas won't do it but that $5/mcf likely would.
He is not particularly interested in the coal sector though because he sees considerable risk from the current administration with policies that could impact coal producers.
Ross thinks that 3 years from now we will look back and find it unbelievable that people were buying the Ten-Year Treasury at current yields.
He points to the fact that if the Ten-Year Treasury simply goes back to the average yield that it traded at from 2000 to 2010 the price of the bond will dive 25%.
He is not particularly interested in the coal sector though because he sees considerable risk from the current administration with policies that could impact coal producers.
Ross thinks that 3 years from now we will look back and find it unbelievable that people were buying the Ten-Year Treasury at current yields.
He points to the fact that if the Ten-Year Treasury simply goes back to the average yield that it traded at from 2000 to 2010 the price of the bond will dive 25%.
