Stockman Scott's Political Debate Porch 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.

Politics : Stockman Scott's Political Debate Porch

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stockman_scott who wrote (8364)	10/24/2002 2:14:31 PM
From: Jim Willie CB	Read Replies (1) of 89467

nice dig, we are seeing total bifurcation on bond market Trez have been safe and rallying like crazy then two weeks ago a big big break to that momentum now that is a broken yield chart !!! finance.yahoo.com behind the Trez parade is the deteriorating MortgBackeds Fanny Mae recently raised the fee on cashout REFI's MGIC showing pain as defaults rise wherever the underpinning finance is contrived, rigged, and corrupted, the house falls in time all in time corp bonds are not benefitting AT ALL from the better rate environment surprisingly people in a panic are selling the corps and buying the Trez thus creating a wide wide (and not improving) bond spread THE SPREAD OF CORP YIELD OVER TREASURYS IS THE LEADING TRIGGER OF DERIVATIVE EVENTS they are coming, sure as shooting the Brazilian elections and policy changes afterwards will be extremely critical imho regarding the fate of JPMorgo and Citi huge vulnerability here remember: politicians make their biggest mistakes under stress the IMF and numerous dumbshit PhD Economists have contributed mightily toward the destruction of Argentina, Uruguay, and Brazil the climax events are soon in coming!!! junk bonds have gone from bad to worse to shitty to pathetic to a dead zone no recovery in junk, no recovery in economy Mauldin looks to his Three Amigos for guidance: - mfg cap utilization (dropping to new lows) - consumer confidence (dropping to new lows) - junk bonds (still a dead zone) thus, no recovery, pure dumbfark stock rally rally because people are buying not because of ANY signals of recovery destined to fade soon / jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next