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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (63335)6/28/1999 3:33:00 PM
From: James F. Hopkins  Read Replies (1) of 132070
 
Hi Mike; What ever they are doing is a little over my head, but
it gives me the feeling not all is well in the land of bonds.
If they lose money ( and many of them are ) isn't that going to
come home to stocks in time ?
Seems I remember some years ago the market did a big belly bust
and it was largely due to junk bonds going kaput ?
I was not really into the market at the time, I had some friends
that took a beating, but my memory could be serving me badly.
Jim
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