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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: Tunica Albuginea who wrote (56304)7/10/2000 1:08:47 AM
From: Gersh Avery  Read Replies (1) of 99985
 
HI TA ..

This has always been amusing to me.

"Sure there is an inverted yeild curve .. but it doesn't count because there is a reason for it .."

There has always been a reason for any inverted yeild curve:

The market perceives that interest rates will be lower in the future than they are now.

If that perception did not exist it would not matter what the government did.
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