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

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To: GST who wrote (72627)10/23/2006 11:35:37 AM
From: Mike Johnston  Read Replies (1) of 110194
 
I agree with most of what you say about the US , but i am not that sanguine about global markets as you are.
Do not forget that this global boom has been fueled in large part by the US credit and housing bubble.

A hiccup in the US will have serious consequences for foreign economies and markets, but i agree that those dislocations will be a fraction of what is going to happen here.
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