Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (22943)	2/5/2005 12:54:04 PM
From: John Vosilla	Read Replies (1) \| Respond to of 116555

<The most accurate predictor of a recession is an inverted yield curve in which short-term rates are higher than long-term ones. The United Kingdom is already facing this as its 3-month interest rates are 4.72% and 10-year rates are 4.55%. I foresee the United States having an inverted yield curve by the end of the year if the Fed continues down its rapid tightening path.> What is perplexing is with an inverted yield curve and housing starting to collapse in UK yet it's stock market is at its highs.