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


To: orkrious who wrote (60956)5/3/2002 7:56:33 AM
From: Rock_nj  Read Replies (1) | Respond to of 99280
 
Is Marci already gone? I heard she wanted to spend more time with her kids.



To: orkrious who wrote (60956)5/3/2002 7:57:50 AM
From: orkrious  Read Replies (1) | Respond to of 99280
 
This kind of stuff doesn't bode well for the markets. From RealMoneyPro today:

Brian Reynolds
Bond stuff

5/03/02 06:55 AM EDT

Today's recommended reading is the Credit Markets column in the WSJ that takes a look at how corporate bond deals are starting to get postponed. It quotes an official of one company that wanted to issue bonds but has had to wait as saying that the potential buyers were busy looking at the damage to their portfolios, so this is not a good time to sell debt. This ties in with my Thinking Out Loud piece; there are some odd things happening now. I am working on some numbers to put the bond moves into perspective and will be back with them after the employment number.