[expat_panama]

"...ever been pessimistic on the economy?"

Usually it's the pessimists who're delusional, but in this case Kudlow's acting like a moron.  He wrote:  When the curve is wide and upward sloping, as it is today, it tells us that the economic future is good.

Here's today's yield curve right next to the curve we had in Sept. 08.

The curve was "wide and upward sloping" back in Sept. 08 too.

[Toddsterpatriot]

Ouch! That’ll leave a mark.

[bert]

Do you have ‘07?

I think they were upside down that year