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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 (52878)2/6/2006 8:36:03 PM
From: Box-By-The-Riviera™  Respond to of 110194
 
risk premium is a badly used phrase.

call it the speculative premium. and that's all it is.

risk premiums per se have been out the door since the 90's. its not even in the nomenclature let alone the proof when the very makers of the scholes f equation went up in smoke with long term cap inc.

all that crap is a joke.. or the joke has made all of that, crap.

lastly, speculative means just that. pure gunning.

demand doesn't even account for it presently or forward looking even if you play the discounted present value models of the i-nut daze. dry holes don't account for it. they simply are not dry, yet.

its pure speculation in the main, hit that with a recessionary, and typical correction in the demand cycle, Voila! your're back to basics regardless, even if you add in 10% to what would be typically normal.

what do you think bears are waiting for anyway?

exactly that, above, across the board.

something close to normal behavior in a market still bent on extremes, has it has been for nigh on 10 years.

nuttin new, absolutely nuttin new.