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

To: mishedlo who wrote (6042)1/23/2004 6:01:15 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
In contrast to Grant ,BCA is bullish on junk and corporate debt in general. They agree it is a bubble, but argue it still has room to inflate further unless and until the Fed tightens. My junk funds still way below their late 1990s highs,despite big rally.



To: mishedlo who wrote (6042)1/23/2004 6:14:11 PM
From: yard_man  Read Replies (1) | Respond to of 110194
 
it would be funny, if soooo MANY PEOPLE had not joined him in that trade -- there are a bunch trapped in it right now ...


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