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


To: Pogeu Mahone who wrote (57707)4/7/2006 9:56:04 PM
From: orkrious  Read Replies (1) | Respond to of 110194
 
I think it's been a while since Noland has implied there something out there which could soon derail the Credit Bubble. Here are his last few sentences tonight:

Yet one can look to today’s Highly Extraordinary Global Credit and Speculative Boom Environment and state unequivocally that the system is acutely vulnerable to any break in confidence, panicked speculator deleveraging, or even any meaningful downturn in Credit growth. Admittedly, the Global Credit Bubble has quite a head of steam. But, then again, so might global interest rates.