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

To: GST who wrote (84193)	7/26/2007 2:31:23 PM
From: John Vosilla	Read Replies (3) \| Respond to of 110194

I find it amazing some large Wall Street investment banks are off 25-30% plus oil near record territory again, housing in a freefall yet the DOW only a few percent off all time highs.. 10 year treasury down below 4.8% even with the dollar right at generational lows is probably helping a lot. Another conundrum is the federal budget deficit has narrowed quite dramatically with a bump in tax receipts from the global boom.. Take away the Bush tax cuts at the top and phase out of the war in Iraq and I believe we'd be in surplus territory again..