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


To: Wyätt Gwyön who wrote (25295)1/25/2005 9:15:35 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
and, they remind us, don't forget what Greenspan himself said late last year, regarding higher yields: anybody who hasn't hedged that move is "desirous of losing money".

That is damned near the most F*d up thing he has ever said.
Just who is the counterparty to that "hedge"? Mars? Pluto? France? Does EVERYONE win by hedging?

What a crock of horsesh*t!

Message 20979373