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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ilaine who wrote (96686)4/20/2001 10:33:50 AM
From: Ilaine  Read Replies (1) of 436258
 
Yesterday I posted that the widening spread between the 10 year bond and the Fed funds rate was a bad sign, but upon further reading see that I was wrong - according to Paul Kasriel at Northern Trust and some research I saw on the Cleveland Fed website, it's a leading indicator of real long term economic growth, especially if accomanied by a growth in M2, which we are also seeing. Click on April 19, 2001.

northerntrust.com
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