Bond Distress Highest Since ’09 as Sales Vanish: Credit Markets

Discussion in 'Economics' started by TGregg, May 26, 2010.

  1. TGregg


    Eventually, they will crack down on "evil speculators" and try to legislate their way out of the credit crisis. I think perhaps that will be the last thing tried.
  2. Ohh yea Greg, its coming. The last ditch effort before they have to face the music that we are heading in to the "In your Face" depression. No more lies, no more spin, no more OBAMA will save you.

    INDU closed below 10,000.

    Panic selling should set in the next few months as the INDU works its way to the lows of last year.

    Inflation is gona kick in, as we see at the market when you buy food and gas.

    Job numbers are gona suprise on the upside in losses.

    I have more clients getting involved in our Direct Participation Programs, our Oil Wells we are drilling in texas..because they know what is about to happen. They are all Private Manufacture owners and have told me, this is and will be one of the worst 5 years the US has ever seen.

    Hope they are wrong.