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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 (71050)10/5/2006 2:33:33 AM
From: Mike Johnston  Read Replies (2) | Respond to of 110194
 
Very good anecdotes.
I am wondering, when will the sharp slowdown start being reflected in government data.

Or maybe it won't, with Pig Men going out to a $5000 dinner, buying a $10,000 bottle of wine and a $10 million yacht, they will make up for the middle class cutting down on their spending.

And when will the stock market reflect the slowdown ?
Oops i forgot, we live in a bubble economy. And in a bubble, the economy doesn't influence asset prices, it is the other way around.



To: mishedlo who wrote (71050)10/5/2006 4:02:35 PM
From: polarisnh  Read Replies (1) | Respond to of 110194
 
Mish,

Very nice reading. Thanks!