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

To: Square_Dealings who wrote (22619)11/30/2004 1:32:31 AM
From: Jim McMannis  Respond to of 110194
 
These are not rate hikes...
Rising rates won't hurt anything. We are just adjusting them up to where they should have been all along.

--A. Greenman



To: Square_Dealings who wrote (22619)11/30/2004 12:09:54 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
So the theory is - rates will only rise as long as no one gets hurt? LOL

No the theory is that economic activity will crash (along with bond yields) when housing crashes.

Rates may keep rising if people keep buying.

Mish


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