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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: KyrosL who wrote (1346)3/5/2004 5:03:25 PM
From: mishedlo  Read Replies (1) of 116555
 
Why does a depression have to be on any particular curve?
It does not!
If no one has a job, no one can pay bills except by refinancing thie house, etc etc, the stock market finally reflects reality, etc etc.....

I am positive the yield curve can be anywhere.
I actually expect it to be relatively flat.
The 30yr and the 10 yr merge with megar spreads.

M
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