Wednesday, February 4, 2009

CREDIT MARKET. JAMES CARVILLE ON THE BOND MARKET ...
. Business Week: "What the Bond Market is telling Us"

In the early 1990s, Democratic political strategist James Carville said that he wanted to be reincarnated as the bond market, because it "can intimidate everybody." Even though its movements are more difficult to decipher now than they were before, when the bond market speaks, it's still wise to listen.

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