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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 (79019)2/15/2007 2:34:20 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 110194
 
The idea that low global bond yields reflect fears of deflation is one of the most wrong headed theories ever IMHO.

In retrospect the collapse of the housing bubble was highly bullish for stocks as the flood of global liquidity sought a new home.

Not until inflation gets bad enough to severely disrupt the system as it threatened to do in the 1970s is deflation even a remote possibility IMHO.