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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (207876)	6/25/2009 1:45:53 PM
From: energyplay	Read Replies (1) \| Respond to of 306849

A very good point - "i also think the government has decided, and rightly so, that a high stock market damages their bond market party. they will defend bonds before they defend the market." I think you may be right. Reminds me of this - ****************** At the beginning of the Clinton administration in the early 1990s, adviser James Carville was stunned at the power the bond market had over the government. If he came back, Carville said: I used to think if there was reincarnation, I wanted to come back as the president or the pope or a .400 baseball hitter. But now I want to come back as the bond market. You can intimidate everybody. Wall Street Journal (February 25, 1993, p. A1) en.wikiquote.org