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


To: Tommaso who wrote (33970)7/21/2005 1:41:04 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
Technically the money does not have to come from anywhere.
All that has to happen is for risk to be repriced accordingly (in my viewpoint more correctly).

Demand for junk bonds has been picking up out of sheer greedy lunacy IMO. Demand for treasuries can (will IMO) easly pick up relative to junk and corporates at some point when people realize how little extra yield they are getting for total garbage.

Does that make sense at all?

I sure hope so.



To: Tommaso who wrote (33970)7/21/2005 2:29:46 PM
From: mishedlo  Respond to of 116555
 
deflation/hyperinflation
galmarley.com