> Sam wrote:
> I'm aware the unexpected can happen. But I don't go around saying the
> economy has failed because NY could get hit by an earthquake.

Yes, you're fiscally liberal, which all you're really saying.  You
assess the risk as low, I assess it as non-negligible.  Thus my
question about your investment advice because that's really where the
rubber hits the road.  Is your money where your mouth is?

Got all you money in junk bonds or what?

> Investors appeared to agree with that assessment; the Standard &
> Poor's 500-stock index was up 9.60 points, to 1,271.68, around midday.
>

Not conservative investors!  The yield curve didn't invert on its own.

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