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


To: russwinter who wrote (2166)11/15/2003 9:34:48 AM
From: russwinter  Respond to of 110194
 
Correct links previous post:

ag products:
Message 19498478

energy and others:
Message 19498326

goods and commodities
Message 19493297

shipping:
Message 19493312



To: russwinter who wrote (2166)11/15/2003 10:16:27 AM
From: loantech  Respond to of 110194
 
Russ,
You are so correct. I just wish for 2-3 months you could sit at my desk and see everything that passes for a loan request and that is invariably granted. I must follow the newly created underwriting standards (LOL) and heaven forbid if a loan was denied. Violation of the fair lending statutes. Credit to all, bring in your own wheelbarrow when requesting your loan though.

All the borrowing consumers are doing is complete proof that the lemming effect is one of Newton's Laws. <g>
Tom



To: russwinter who wrote (2166)11/15/2003 10:38:21 AM
From: Crimson Ghost  Respond to of 110194
 
Excellent post!

Much to my surprise he boys continue to maintain control over the T-bond market which rallied strongly again this week despite signs of accelerating inflationary pressures.

I would though that junk bond spreads are starting to widen again. We shall see if this is just a blip or the start of a new trend.



To: russwinter who wrote (2166)11/15/2003 11:00:31 AM
From: re3  Read Replies (1) | Respond to of 110194
 
<<<3. The goal of the "economic policy"?: pray that a few more temporary and burger flipping jobs are created in the US to keep the markets fooled (remember it's quantity, not quality, that counts) long enough to get to the election. LOL.

credit and collection jobs should be a growth area to bulk up the job numbers...

however, given your "election" theory, aren't you a tad early in shorting the markets ?



To: russwinter who wrote (2166)11/15/2003 12:20:05 PM
From: ild  Read Replies (1) | Respond to of 110194
 
<<<use credit to work the carry trade in foreign assets, get rid of US assets (makes total sense). Create the biggest fucking carry trade (the mutha of all trades) yet: short dollars, long everything else. >>>

Well, that means all speculators against all foreign central banks who try to keep their currency low. I'm placing my bets on speculators.