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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Trumptown who wrote (383656)	4/7/2009 7:05:22 AM
From: MythMan	Read Replies (2) of 436258

>>He notes that money managers are trying to take advantage of immense pessimism in the bond market — pessimism that has driven down corporate bond prices to a level that implies that the economy is as bad as it was in the Great Depression. “What is it that Warren Buffett says — be fearful when others are greedy and greedy when others are fearful?” Well that’s what investors are doing when it comes to corporate bonds, Mr. Ristuben said. That’s great news for the debt market and corporate bonds. Unfortunately, the equity market hasn’t experienced this same level of fear and capitulation.<< finance.yahoo.com

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