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Strategies & Market Trends : Classic TA Workplace

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To: NOW who wrote (77656)7/21/2003 2:15:21 PM
From: bcrafty  Read Replies (1) of 209892
 
tooearly, another opinion on bonds

From cbsmarketwatch this morning:

"The stock market's poor performance in the past week is not due to disappointing earnings, "selling on the news" or geopolitical factors, but rather to the rout in the bond market, according to Tobias Levkovich, institutional strategist at Citigroup. Simply put, bonds are now more fairly valued relative to stocks."
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