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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: sun-tzu who wrote (141758)1/4/2002 8:14:59 PM
From: patron_anejo_por_favor  Read Replies (3) of 436258
 
<<maybe so, but those guys had a consensus on no recession. they're f'in idiots>>

LOL! No argument there....

Obviously, the current Fed will err on the side of being too slow to raise, rather than too fast. The long part of the curve is hosed, however. In fact, the 10 year yield looks ready to put in a rt shoulder of an inverse H&S, on it's way to 6.80 or so.

stockcharts.com[h,a]wacayyay[pb200!b50][vc60][iUb14!La12,26,9]

I'm leaning toward inflation/stagflation rather than deflation in the next 12 months.
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