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carey_jim's
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The best articles sometimes have no comments. That's a sad comment in itself.
Sep 25 18:10 pm
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All Comments by carey_jim »As Credit Markets Crash, Will Equities Follow? [View article]
I strongly suspect that corporate bonds are not the buy of the century. At least I'm not buying any, any time soon.
Stocks? They often overshoot on the upside and sometimes undershoot on the downside. 900 S&P and 9000 DOW might only be REASONABLE numbers.
Fear can be an ugly thing. I don't even want to hint at what ugly DOW and S&P lows might be: We all have good enough imaginations for that.