"Beware the Inverted Yield Curve"---NPR all but predicts RECESSION

[mistertrickster]

Don't have text but on NPR's "Marketplace" last Friday, their expert Gabriel Wisdom said that short term interest rates are rising while long term interest rates are not.

This is leading to an "inverted yield curve" in which short term bonds yield more than long term (30 year) bonds.

What does this tell you about investors' collective wisdom about the economy? They believe the long term prospects suck so they're staying liquid so they can bail out more easily.

Inverted yield curves ALWAYS without any real exceptions PRECEED recession.

Here's the link: http://marketplace.publicradio.org/shows/2005/02/18/PM200502181.html

Click to listen--the segment is about 6 minutes in.

***********

Wonder how the Republicans are going to blame this on Clinton this time . . .

[LiberalVoice]

1. that argument gets weaker and weaker every day that passes...

but i'm sure the drones will no doubt parrot "It's Clintons fault!" for awhile.

[Demeter]

2. As Compared to the Depression We're In Right Now?

Does this mean that Bushites are going to feel our pain for themselves?

[Blower]

3. "Jobs will show up...really..."

"TRUST US"

"THERE IS NO HOUSE BUBBLE!"



more

www.libertywhistle.us

[TexasLawyer]

6. Come on! There are lots of jobs!

They're just in Bangalore.

[nashville_brook]

4. okay, so do i refinance now or what?

not really a question -- i have to go research this on my own.

my mother made a big pile of cabbage during the recession of the 70s by selling her real estate and buying money markets. i remember the interest rates were up around 12 percent. she was quite pleased with herself.

[applegrove]

5. There was a recession the USA was supposed to go into in 2001

but Bush managed to postpone it by going to WAR. Now the recession will start right about the time Bush leaves office. And it will be huge!!

***holes!