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To: John Pitera who wrote (53684)7/29/1999 11:38:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
John, i think the stock market has been much to complacent about the credit spread issue. btw, CNBC just tried to put a positive spin on the ECI data by interviewing some ex-Fed governor who seemed rather relaxed about the numbers; it helped for about five minutes...
as i have mentioned before, all those people whose jobs are directly related to the bull market must be terrified of it ending at some point. they will fight for their place in the sun tooth and claw...

hb