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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (19650)12/27/2004 8:56:07 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 116555
 
If you play the markets you should pay close attention to what junk is doing

I expect both junk and treasuries to take big hits before long. But the short-term trend for junk and equities still is higher. The resilience of Asian stocks in the wake of the earthquake also points towards this conclusion.