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

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To: Mike Johnston who wrote (69089)8/30/2006 10:20:20 AM
From: John Vosilla  Read Replies (2) of 110194
 
'Stock market likes inflation as long as it does not cause bond yields to rise.

Given current inflation 10yr yield should be at 8-10%.'

Well something has to give. Perhaps a serious recession with some moderation in inflationary pressures is what the next few years hold? Then we perhaps get the 8-10% long end on the next worldwide recovery? Maybe 1973-80 is just around the corner?
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