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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Cynic 2005 who wrote (83610)1/18/2000 1:57:00 PM
From: pater tenebrarum  Read Replies (1) of 86076
 
the lunatics forget that sentiment in stock and bond markets sits at opposite extremes of the spectrum. it appears to me that there is not enough money to go around to keep both markets up, in spite of the Fed's continuing printathon. there isn't even enough money to keep the a/d line from collapsing. i vote for the de-coupling of stocks and bonds to persist, when bonds turn, stocks will too. the Fed has succeeded in papering over various crises by printing ever more money in recent years...foreign CB's have followed their lead, so we now have a global credit and asset bubble unlike any ever seen before. it's MAD (mutually assured destruction).
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