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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 (94585)	5/26/2008 2:09:44 PM
From: bart13	Read Replies (1) \| Respond to of 110194

Agreed on housing/credit and somewhat on treasuries, but the outcome on treasuries will likely be similar to the '70s - just for different reasons. I actually feel a bit sorry for Ben - he's screwed almost no matter what he does, and will likely catch much blame that actually belongs to Greenspan. You may be right on a financials bottom but if so, its only due to successful PR & BS... not unlike what Japan pulled off in the '90s. I'm slightly biased to the bottom not being in yet but don't feel strongly enough to act either way.