SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (66834)7/25/2006 4:45:23 PM
From: UncleBigs  Read Replies (3) of 110194
 
I don't think FCB buying or M&A junk bond financed deals are the key to the credit bubble.

The key to the credit bubble was free mortgage money that allowed the average Joe to speculate on housing and withdraw equity to spend in the real economy.

The day to day stock market activity can be influenced by coupon passes, temporary liquidity injections, FCB's buying TIPS, etc but ultimately the real economy trumps the speculators.

For example, none of this prevented UPS from blowing up.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News