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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: austrieconomist who wrote (1628)10/23/2003 1:22:13 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
CFC
thestreet.com
Is there any god news left in this?
This one is going to get hammered on that 10 yr

Snip:
For all of 2003, as long as interest on the 10-year Treasury note stays below 4.5%, the company now expects to earn $16 to $18 a share, above the $14.89 currently forecast by analysts.

Countrywide also said that as long as Treasury rates remain below 6%, it should be able to earn $12 to $16 a share next year, above analysts' current estimates of $11.94 a share. The company would also need to control 13% to 15% of a total mortgage origination market of $1.4 trillion to $2.4 trillion for the forecast to play out, it said.
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BTW one would do well just following Hussman



To: austrieconomist who wrote (1628)10/25/2003 6:49:24 AM
From: russwinter  Read Replies (1) | Respond to of 110194
 
Another weak week in money supply land:

MZM (SA) flat
M2 (SA): minus 4.2

Looks like a bit of a push to get the refi machine stirring again? Doubt if 4.25 10 UST enough. Retail sales turning punk.
Message 19421854
Still believers, as retailers have survived the little stock market correction.