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To: Lucretius who wrote (10060)2/16/2000 10:21:00 AM
From: clochard  Read Replies (1) | Respond to of 42523
 
Those SOB's in the government will distort anything that suggests that inflation is present and add liquidity in all kinds of ways to the market. Its 1984 Clinton style. Only a recession will bring the market down.

Recession Time?
February 14, 2000

Summary

Last week, U.S. bond markets saw the emergence of a strange yield curve with the yield of 30-year Treasury bonds falling below earlier maturities. While there is argument over what this meant – whether it meant anything at all – the yield curve is one of several indicators suggesting that a recession is in the making. At the very least, the yield curve has flattened dramatically, and it seems to us that most market forces are driving toward an inverted yield curve. There are other signs, too. The performance of major stock indices has diverged. Commodity prices have risen, giving investment some place to go other than stocks. We remain bullish on the long-term prospects of the American economy but a short, sharp recession appears to be shaping up for late this year.

Analysis

.........
stratfor.com



To: Lucretius who wrote (10060)2/16/2000 10:24:00 AM
From: IceShark  Read Replies (1) | Respond to of 42523
 
I don't think that is true anymore, except on an individual issue. And I'm not sure about that anymore, unless it is dissed by the analysts.