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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (4324)7/18/2000 3:01:22 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
yep...this 4,5% rise in oil prices is very bullish for stocks and bonds. for stocks because it means we can lower future earnings expectations due to margin compression, and for bonds because negative real interest rates are the in thing these days.

any inflationary effects can be seasonally adjusted away.
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