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Post# of 704041
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Ace Hanlon

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Ace Hanlon

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Re: burgermeister post# 105580

Thursday, 05/08/2003 5:59:16 AM

Thursday, May 08, 2003 5:59:16 AM

Post# of 704041
Thanks for posting that piece on credit spreads.

I am more interested in the relationship between credit spreads and the stock market than credit spreads versus the economy. Lower credit spreads signal greater investor willingness to assume risk -- a bullish omen for stocks. But with credit spreads starting to widen again -- this key indicator may soon favor the bears.

“The things that will destroy us are: politics without principle; pleasure without conscience; wealth without work; knowledge without character; business without morality; science without humanity; and worship without sacrifice.” Mahatma Gandhi

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