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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 (2604)11/25/2003 11:40:38 AM
From: TobagoJack  Respond to of 110194
 
Hi Russ, thanks for the chart. Very telling.
The interesting thing (in the Chinese adage sense) is the US tariff on TV following the limit on bras, close on the steps of jaw-boning on exchange rates ... it sure looks like some folks are gunning for a trade row maximus; either that or other people want a serious devaluation.

I will not repeat the thread's contention that competitive devaluation, rally money printing, and all-party trade barriers leads to Depression, but other than the 1929 episode, we have few other guideposts.

I am also wondering what China is going to do with all the D-cup bras in inventory, perhaps making hats and SARS face masks out of them :0)

Chugs, Jay



To: russwinter who wrote (2604)11/25/2003 11:44:28 AM
From: Crimson Ghost  Respond to of 110194
 
Consumer confidence strong, GDP growth revised higher, equities strong. But the 10-year T-Bond rallying a bit from an already very elevated level bringing the yield down to 4.2%.

Bubble era "free markets" in action.



To: russwinter who wrote (2604)11/25/2003 1:18:27 PM
From: mishedlo  Respond to of 110194
 
Treasuries up, stocks up, eurodollars up, gdp up

I guess in bubbleland everything just goes up.
Oh...
I forgot the US$ is down

I forgot to mention that even I am surprised that treasuries are up in the face of that

M



To: russwinter who wrote (2604)11/25/2003 9:17:28 PM
From: rails99  Respond to of 110194
 
Reference bailouts: Reuters had a newsline on LG Card Co. of Seoul, Korea. Seems customers can now withdraw cash again on Monday; after the largest credit card issuer in Korea was extended emergency loans and averted a liquidity crunch that threatened the country's financial system. This of Monday Nov. 24, 12:37 am ET. The company was forced to suspend cash advances over the weekend.

Rails