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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (95795)4/18/2001 2:17:34 PM
From: Andrew G.  Read Replies (2) of 436258
 
What are you saying, Heinz ? It's just the reverse. Look at this:

Wednesday April 18, 10:45 am Eastern Time

US Corp Bonds-Calendar balloons;Intel boosts telecoms

With demand so strong, investment bank Morgan Stanley tripled the size of
its upcoming bond sale to $6 billion Wednesday morning to accomodate
investor interest.

``That deal is in teriffic shape. Investor appetite has been tremendous for
this deal,'' said one syndicate official.

In secondary market trade, spreads, the yield difference between
corporate bonds and comparable-maturity Treasuries, narrowed two to
four basis points amid a more improved tone. Spreads have tightened in
four of the last five sessions, traders said.

You keep talking about the bubble. Well it's been a bubble for how long now ?

It just keeps getting bigger and bigger. Reminds me of inflating home prices.

There's a house nearby for sale for $325k. It was built in 1856, not in great condition, and has no garage. (this is Minnesota, mind you). Wonder what kind of bubble in price that house has experienced since 1856.

We have 1-2 bdrm houses here that were $80-100K in September going for upwards $160K and people are bidding them up.

People are buying more gadgets at BBY. Unemployment is still low. Now they get lowered rates on the MTG to refinance and borrow more.
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