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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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From: Crimson Ghost4/29/2009 1:42:36 PM
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I posted a few days ago that steadily narrowing corporate credit spreads from treasuries were very bullish for stocks. Well spreads are continuing to narrow today as stocks surge.

This equity rally can only continue as long as credit spreads continue to shrink IMHO. Once credit spreads start to widen again time head for the hills.
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