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

To: Gemlaoshi who wrote (15983)6/29/2004 1:21:13 PM
From: ild  Read Replies (1) | Respond to of 110194
 
Same as Ford recent announcement that they were making good money thanks to low interest rates.



To: Gemlaoshi who wrote (15983)6/29/2004 2:08:48 PM
From: Knighty Tin  Respond to of 110194
 
Gem, I wouldn't put it past them, but WM had an announcement about this time last year, too. So, they should have picked somebody else to be the sacrificial lamb. I do think a 25% rise in the benchmark rate will be more of an event than the market has discounted. Fundamentally, financials will make less money and some will actually lose money. But we won't see those problems in the newspaper for a few months.


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