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Strategies & Market Trends : Paint The Table

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To: MulhollandDrive who wrote (17818)3/6/2002 2:47:14 PM
From: John Pitera  Read Replies (1) of 23786
 
An Excellent Post post Mrs. Peel. Credit spreads have been coming down for several months now and that shows that the financial system is in better shape.

This is post the should really be studied, and those charts are helpful as well.

Well after business peaks, inventories are being financed, and backward-looking financial statements remain strong. And well after the economy rebounds, banks that have been burned by late payments and defaults are reluctant to extend credit. Bankers, unlike investors, don't get rewarded for being the first one to buy.

I should post Howard Simons piece on the market lab thread
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