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


To: Mike Johnston who wrote (73310)10/31/2006 11:03:31 PM
From: John Vosilla  Respond to of 110194
 
'I believe that monetary policy mismanagement has been so great that there is no way out.'

True but just means a different dynamic of who the next winners or losers will be with the fork in the road leading to either further reflation or a deflationary collapse. IMHO this 'Bond Bubble' is the very low interest rates and thus way overvalued bond prices we currently have and not necessarily perceived excess credit creation or a possible coming credit implosion..