The Epic American Credit and Bond Bubble Laboratory Message Board

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

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To: bart13 who wrote (86995)	9/28/2007 11:19:31 AM
From: russwinter	Read Replies (1) of 110194

I guess you are saying he missed the Fed being loose? In reality the Fed has not been especially loose for about a year. If he (and others like me) missed anything it was the creation of front load incentivized deregulated wildcat finance, and their willingness to leverage up about anything and everything. That destroyed the market's discounting mechanism, leaving us in this strange surreal levitated environment.

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