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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Terry Whitman who wrote (7817)8/1/2000 6:41:54 PM
From: Dave-in-MarinCa  Read Replies (1) of 436258
 
Terry:
I think we are saying the same thing. It was 1 in 4 a few weeks back; now 1 in 3 based on Bloomberg quoted yields this afternoon. Here is their study:
<http://www.ny.frb.org/rmaghome/curr_iss/ci2-7.pdf> They're saying these are the odds for a recession 4 qtrs from now. If the trend is your friend, this trend is definitely unfriendly for the economy and the market. It just keeps deteriorating as time goes on....... or improving in the CFZ <ggggg>
Dave
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