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To: SierraWasp
..the only time in the last 30 years that an inverted yield curve wasn't followed by a recession was in 1998, when the curve inverted briefly during the Asian financial crisis.

In the last 30 years, the yield curve has had to invert by two percentage points or more for a recession to occur. I haven't seen anyone predicting that kind of inversion as yet.

43 posted on 12/27/2005 2:55:56 PM PST by Mase
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To: Mase
In the last 30 years, the yield curve has had to invert by two percentage points or more for a recession to occur.

The last time we had inversion by two percentage points or more was 1980.

48 posted on 12/27/2005 3:01:03 PM PST by SolidSupplySide
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To: Mase
That sounds good. I have a hard time puttin my faith in some of these "technical indicators" since the market is so heavily weighted with emotionalism and so many new and uninitiated investors these days!!!

Some of these are just turning into old liberal Democrat wives tales, I think.

51 posted on 12/27/2005 3:06:37 PM PST by SierraWasp (EnvironMentalism... America's establishment of it's new unconstitutional State Religion!!!)
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