regarding Louise Yamada, she basically says the same thing as us for the long term. The markets entered into a secular bear in 2000 and she expects it to last until about 2016 or so. Secular bears last 15 - 18 years on average.
Regarding her comments about long term interest rates, she is right about that too, they have yet to break their long term secular trendlines from 1980. Here's some charts of TYX and USB, 30 year rates and 30 year bond
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