Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (60263)	5/21/1999 5:23:00 PM
From: BSGrinder	Read Replies (1) \| Respond to of 132070

Mike, sounds right to me. I was just trying to square that scenario with MB's new bullishness on bonds. I thought the oversupply of bonds would keep pushing rates up until the stock market crashed. Only then would the deflationary carnage occur, and rates start coming down. But I think MB is arguing that widening spreads between junk and Treasuries will crush credit growth and create a liquidity crisis before rates go much higher. If so, then the BK is getting mighty close, if it isn't a myth, of course. (Just wanted to spare MM the reminder.) Thanks, /Kit