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


To: John Vosilla who wrote (73017)10/27/2006 1:28:18 PM
From: SouthFloridaGuy  Read Replies (3) | Respond to of 110194
 
We are not in a depression, recession or anything. The stock market is not a bubble and housing is deflating.

Fine, this isn't 1999, but everybody then was complaining it was a bubble. I remember walking across the street and getting a 100% pay raise back then. No, this is far normal.

Who would've have thunk (besides me) that a housing contraction of this magnitude would lead to a low unemployment rate, companies spending and inflation expectations that are contained. Once housing stabilizes, then the economy moves to the next higher level.

The exact definition of a soft-landing.

The only risk is that the mispricing in bonds gets rectified sooner rather than later, but there is no evidence of that even happening for the next 9 months. Imbalances can last longer than you can stay solvent. Very few people here are big swinging d*cks who can't get out of positions so take advantage of opportunities with your online brokerage account, 401k, etc.