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


To: Raymond Duray who wrote (11284)11/24/2001 6:44:20 PM
From: LLCF  Read Replies (2) | Respond to of 74559
 
<<According to our friends at ISI Group, not only is consumer installment debt as a percentage of personal income just about at an all-time peak, but, at over 21%, the ratio is strikingly, even ominously, higher than its reading of under 16% at previous recession bottoms. John and Jane Q. are plumb borrowed up, not an ideal precondition for a spending binge.>>

Message 16698764

DAK



To: Raymond Duray who wrote (11284)11/24/2001 7:50:31 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
>> Thus, I was surprised to find someone like Jay...<<

Come on, let's give Jay some right to go wrong now and then. Keeps him posting at least(g). We all work on our crystal balls, right?

re >>a review of the bond market in railroads in the 1950's<< or German railroads in 1850s - same case of bandwidth nobody was able to take advantage of.

dj