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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Justa Werkenstiff who wrote (17087)12/31/2001 8:29:15 AM
From: Crimson Ghost  Respond to of 99280
 
Yes the weak action of junk bonds lately certainly is a warning for the economy. In fact the failure of junk bonds to rally much is a key reason why I expect the stock market to drop sharply before long.

But I still expect junk bonds to do better than stocks this year. They still are near the lows, while stocks are up a lot and greatly overvalued.


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