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Strategies & Market Trends : Waiting for the big Kahuna
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To: James F. Hopkins who wrote (25058)8/24/1998 5:17:00 PM
From: HairBall  Read Replies (1) of 94695
 
James: This is a little unusual inverted yield curve. Most inverted yield curves result from short-term interest rates rising over long-term rates. This often proceeds recessions. However, this time it is do to long-term rates falling below short-term rates.

Any comments out there?

BWDIK
Regards,
LG
EDIT: As far as the direction of the market, overall my stuff was still pointing down as of Friday's close. I still have to do my end of day update for today.
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