To: SolidSupplySide
It has to be inverted for more than a few days and by more than just a few hundredths of a point. I believe 7 out of the last 8 recessions have been preceded by an inverted yield curve. It's a great indicator because it shows how out of control and determined the Federal Reserve is to cause a recession.
60 posted on
12/27/2005 3:16:51 PM PST by
Moonman62
(Federal creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it)
To: Moonman62; All
70 posted on
12/27/2005 3:25:06 PM PST by
antaresequity
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