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: mishedlo who wrote (5088)	1/14/2004 6:31:52 PM
From: Crimson Ghost	Read Replies (1) of 110194

Mish: Congratulations on your T-bond call. So far you have been absolutely right and i have been wrong. Doug Noland in his latest essay on Prudent Bear warned about a possible new surge in bond prices adding further fuel to all the bubbles now extant. I still find it hard to believe how reckless and irresponsible today's Fed is. In this they seem to be mirroring the Bush regime. Today's drop in T-bond yields below 4% did trigger another modest move up in junk bonds.

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