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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 (61566)	5/22/2006 4:09:31 PM
From: Perspective	Read Replies (2) \| Respond to of 110194

When the stock bubble peaked in 2000, I could at least say that we would likely be better off than Japan, since we didn't have a real estate bubble anywhere near as bad as Japan circa 1990. Thanks to Greenspan et al and the housing bubble, I can no longer make that claim. Now we have stocks at extreme high valuations, a global emerging markets bubble, and a global real estate bubble, coupled with suddenly dismal market action. That does not bode well... BC