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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (10906)10/30/2001 11:02:21 AM
From: LLCF  Read Replies (1) | Respond to of 74559
 
<In Japan LT bonds yield less than 2%.>

BOY, I really wish I could short THAT one! They've stated they WANT inflation. Where's Booger and his Efficient Market Hypothosis??? What a joke that is, a classic case of stupid buyers not knowing what to do with their money and thinking "2% is better than nothing"... WRONG! Nothing is better.

FWIW, I just glanced at yesterdays WSJ as I walked in and noticed the headline:

"Startup Airlines face tightening Credit"

Now, correct me if I'm wrong... but wouldn't you HOPE so?? I mean who was talking about congnitive dissonance?? They had no business getting credit BEFORE 9/11, man this financial system is going to implode for sure.

DAK