Government Inflation Bonds

Has anyone purchased government Inflation bonds besides me. They are known as I bonds for short. Currently it is receiving a fixed interest rate and the inflation rate for a combined payout of 5.64%. The inflation rate will change and be recalculated on May 01. The treasury can also get rid of the fixed rate as well. It's about 1% right now. The previous fixed rate was zero. The fixed rate remains with you for the life of the bond. I ordered a few. I believe that future inflation will be terrible. With the unemployment around 8.5%, I believe now is the time to play it safe with money. There is no cure for the oil non-crisis happening right now. It will take at least another decade for electrics and hybrids to fully penetrate main-stream America. For now, we are at the mercy of the whims of every pig-faced oil CEO and dictator in the world.

The stock market is positive, WTF?

I just read the other day that Aluminum giant, Alcoa, released disappointing earnings for the quarter. Aluminum is used in many things in business such as automobiles, soda, etc. Aluminum is a great way to gauge the growth or decline of world economies. In this case, any reasonable person would make, from the news, that there is no demand for aluminum. Hence, the drop in cost per lb. Furthermore, people realize we are still caught-up in a slowing economy; one that has been contracting for well over a year. There will be no GDP growth this year. How? Every S&P 500 company has laid-off a percentage of their workforce. Why then is the stock market up today? A good question I don't know the answer to; other than the fact that earnings season is under way. I won't hold my breath. I know this economy is headed for more bad news. We may no longer be in free-fall, but our parachute has many holes in it.