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


To: Tommaso who wrote (71314)10/7/2006 1:29:12 PM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
Except for stocks, everything else you mention has been on the skids recently. I think stocks will be next and will drop the farthest.

Agreed. Eventually there will be a complete unwinding of risk and a complete change in time preference. You are leading the curve by a shift into treasuries.

Demand for treasuries in the US will easily replace any falloff by FCBs. That has been my contention and so far it seems correct.

Mish