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

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To: UncleBigs who wrote (62997)	6/7/2006 5:27:38 PM
From: gregor_us	Read Replies (1) of 110194

Barbera's Strength is his ability verbalize general Sentiment. I thought he did a nice job of portraying how offsides participants had become this year, in expecting the Pause. And how everyone has now run to the other side of the boat. His other theme is Crisis Deferral. He believes policy makers will act to put off the day of reckoning, once again. While I'm inclined to agree with him on this point, Ben may be a hyper-rationalist and tunnel-visioned technocrat, who sees no structural problems in the US that pressage any reckoning. LP

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