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


To: russwinter who wrote (82012)5/22/2007 9:09:32 AM
From: Mike Johnston  Respond to of 110194
 
The SP500 is back at record high !
Yes, but the dollar has lost 50%+ of its value since since the last peak.

A Comeback for the S.&P. (If the Yardstick Is Dollars)

nytimes.com



To: russwinter who wrote (82012)5/22/2007 12:49:48 PM
From: Mike Johnston  Read Replies (1) | Respond to of 110194
 
So Kirkorian wants to sell ? ( all options on the table)
Or buy a part of the business from himself ?

Who would buy it from him, he bought it and sold it 3 times and cleaned up every time. Because of land values ?

It seems that M&A mania is about a lot of players positioning themselves for hyperinflation.