The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: austrieconomist who wrote (1628)	10/23/2003 1:22:13 PM
From: mishedlo	Read Replies (1) of 110194

CFC thestreet.com Is there any god news left in this? This one is going to get hammered on that 10 yr Snip: For all of 2003, as long as interest on the 10-year Treasury note stays below 4.5%, the company now expects to earn $16 to $18 a share, above the $14.89 currently forecast by analysts. Countrywide also said that as long as Treasury rates remain below 6%, it should be able to earn $12 to $16 a share next year, above analysts' current estimates of $11.94 a share. The company would also need to control 13% to 15% of a total mortgage origination market of $1.4 trillion to $2.4 trillion for the forecast to play out, it said. ====================================================== BTW one would do well just following Hussman

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