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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Arik T.G. who wrote (4274)6/23/1999 9:49:00 AM
From: clochard  Read Replies (1) | Respond to of 5676
 
Looks like we having debt coming out of the woodwork everywhere. Debt from every corner of the economy: credit card debt, corporate debt, mortgage debt, car loan debt, margin debt, all being repackaged and resold in gold painted little bundles, all competing with Treasury notes and bonds. This piling up of debt is starting to elevate interest rates, and is the grim reaper for equities.