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

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To: bond_bubble who wrote (51466)1/26/2006 12:19:44 AM
From: John Vosilla  Read Replies (5) of 110194
 
Perhaps mixing together your views with Grace's gets the more likely scenario down the road. Question is do we just get a regional RE collapse, some debt cleansing and the real economy on a national and worldwide basis stays strong with goldilocks of low inflation/low interest rates and continues to grow after a brief recession that is most likely looming on the horizon? Personally I don't see it getting real bad without much higher rates on the long end with some combination of inflation, currency crisis and (or) oil prices getting out of control. But I have to look at the likes of GM, Intel, Pfizer, and GE and wonder. These are real economy bellwethers and they are breaking support and sitting at some serious low points.
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