All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: Ilaine who wrote (28173)	4/22/2000 11:23:00 AM
From: Glenn D. Rudolph	Read Replies (2) of 42523

The inflation part is real, and we were the only ones to say there was inflation until just recently, the government kept saying there was no inflation. The Feds have been well aware of this. This is whay they have been raising rates to pre-empt inflation. There is no surprise here. The inverted yield curve is a bellwether of recession several months out. Not always. You could have a slowed down economy that wasn't a traditional recession, one that had low unemployment, but it would still be a recession in comparison to the last couple of years. It would judt be an economic slow down which is not a reduction in GDP but a slowing in its growth. I beleive a recession is a reduction in GDP. This is not my specialty be a long shot.

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