Peter Todd wrote:

> At least the nice thing about market based indicators is that they will
> take into account perceived risk of governments and corporations cooking
> the books. 

Not if most of the players are "hooked" on the same "cooked" indicators.
Note that the "market" as used here (I supposed) is not about the actual
economic conditions, it's about money. Which is, again, not the real thing
but only an indicator (for what doesn't seem to be so clear). 

Gerhard

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