Zeev's Turnips - No Politics Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sylvester80 who wrote (9712)	11/30/2001 9:23:02 PM
From: MSI	Read Replies (1) of 99280

I don't. It reminds me of the Russian bond debacle, when everyone was in a panic and thought the Russian world would come to an end. My brother bought those bonds at a large profit and continues to make a mint on eastern european and now is in Argentina bonds. I'm starting to listen to him ... Problems they have, but like most media-type events, these could be exaggerated to lower rates for the swap. As far as other debt in the US, we'll continue to be highly influenced by Fed rates and oil prices - if those stay beneficial it'll provide hundreds of billions in benefit to consumers and business, along w. the unecessary tax cut. This is a business-led recession, not consumer, so once inventory is worked off we should expand again even w. 6% unemployment, imo. I get the impression that companies are more fungible and flexible than the last recession so can handle debt restructuring faster, and faster re-hiring of laid-off employees of bankrupt companies.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next