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

To: mishedlo who wrote (45332)11/12/2005 10:30:01 AM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
Housing appears to have topped out in Australia and Britain, but the stock market party rages on in those nations and most others.



To: mishedlo who wrote (45332)11/13/2005 1:51:12 AM
From: John Vosilla  Respond to of 110194
 
"To me it is no mystery, but rather it is amazing that it could go on as long as it has. Perhaps that is what you mean."

Mystery is how such easy access to credit has remained available as yield curve has flattened and money supply growth slowed substantially. I think Americans will borrow and spend until they get their own margin call..


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