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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 (4981)1/13/2004 6:17:10 PM
From: yard_man  Read Replies (1) | Respond to of 110194
 
no, I think there's a difference between leveraging places to live and some financial asset. I think once folks get sated with the best they can buy and have pulled as much money as they DARE out of their equity -- it's done, doesn't matter what rates do.

I think we are there.



To: russwinter who wrote (4981)1/13/2004 6:58:53 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Insane monetary policy.

Totally moronic insane policy got us here.
Right NOW the sad fact is they are 100% trapped.
Damned if they do and more damned if they do not.
That is the problem they have.
The trend is they will try and try and try and try just as Japan did.

Not only that, Bernanke has stated that they will buy the long bond in mass if all else fails.

That rationality or irrationality (depending on ones perspective) is what you are fighting by being short treasuries or eurodollars.

Thoughts?

M