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Discussion in '2005 Archive' started by Daisy, Dec 27, 2005.
Keep an eye on those Treasury Notes, folks.
Note that the story doesn't say the dip indicates a recession. It says the dip raised the question of whether an inversion in the yield curve will herald a recession. Inflation and recession are normal trends in the economy. What we need to be mindful of are abormal or extreme infmationary or recessionary periods. As much as I complained about Greenspan, I must acknowlege that he did an adequate job of using the interest rate to keep infmation and recession in check.
Yes, and it also only dipped for a little while for one day. But it is still not a good omen...