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

To: Crimson Ghost who wrote (21466)11/7/2004 5:53:16 PM
From: Jim McMannis  Respond to of 110194
 
RE:"I would add that junk bond spreads gave dropped considerably of late and are absurdly low now -- just 150bp or so over 10-year treasuries."

People are desperate for any kind of return on their money.
The government and the FED did a criminal act on the saver.

They should have let the economy seek its own level 4 years ago rather than try and keep pumpin'.


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