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

To: patron_anejo_por_favor who wrote (69731)	9/13/2006 7:30:48 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 110194

CFOs see 33 pct chance of US recession in 12 months-survey today.reuters.com Chief financial officers of U.S. corporations are increasingly pessimistic about their business and the overall economy, and put the chance of a recession within the next year at 33 percent, a quarterly survey reported on Wednesday. The level of pessimism about the U.S. economy is the highest in five years, the survey by Duke University and CFO Magazine found. Fewer finance chiefs expect to increase capital spending, their forecasts for earnings growth are lower, and expectations for hiring are down, the survey found. <MORE>

To: patron_anejo_por_favor who wrote (69731)	9/13/2006 7:31:39 PM
From: orkrious	Respond to of 110194

To be honest, the coupon passes seemed like panic to me...why pass coupons now, when they're supposedly "tightening".. What's really surprising is PoG isn't sensing it.