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


To: John Vosilla who wrote (54797)2/27/2006 11:26:09 AM
From: russwinter  Respond to of 110194
 
stock market be behind the curve on fast rising inventory levels and slowing sales?>

Belief in central banks and derivatives has created a non-existant credit/risk volatility (except even narrower) spread set up. Everybody thinks their counterparties have them covered so they just ignore it and pile in. Looks like 1987 portfolio insurance multiplied by a hundred.