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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: The Reaper who wrote (163876)11/12/2008 2:03:41 PM
From: PerspectiveRead Replies (1) of 306849
 
I still get the impression that an entire swath of the NDX100 is in denial here. I read somewhere recently that while the SPX PE has fallen down to around 10, NDX100 PE is still up around 16-18.

They haven't gotten the message yet: INTEREST RATES HAVE GONE UP. A WHOLE BUNCH. GET USED TO IT.

People keep talking about record spreads on corporate bonds - how it represents value. There are TWO ways for the discrepancy resolve: corporate yields can decline -OR- treasury yields can rise. Could it be that the latter is the more likely resolution?

`BC
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