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

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To: mishedlo who wrote (24995)	1/19/2005 11:06:37 PM
From: CalculatedRisk	Read Replies (3) of 110194

I was on that list last year but I changed my view over the last few weeks. I think we are going to see something bizarre ... a slowing economy with rising interest rates (because of the financing of the twin deficits - fiscal and current account). Many of the fundamentals that led me to predict a bond rally 12 months ago are still present ... so I wouldn't be surprised if I am wrong and you are correct again.

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