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

To: smolejv@gmx.net who wrote (22523)	8/11/2002 2:04:43 PM
From: Mark Adams	Respond to of 74559

re The Noland link; he brings a new, to me at least, concept to the table in this article. That being the marginal borrowers taking on more debt, supporting consumption, and the drying up of that lending. Very good stuff. Thanks for posting the link. The PIMCO thing, well the last two months Gross has clearly and correctly, IMO, sounded an alarm. Perhaps the recent strength in the equity market suggests that catastrophe has been avoided. I think it is still early to call it. There is some blood in the streets though.