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 : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bcrafty who wrote (36479)	7/21/2005 2:22:11 PM
From: mishedlo	Respond to of 110194

mish, what did you think about Greenspan's comments that the efficacy of the flattening yield curve as an indicator has been diminished? Interesting that you ask that. I just got off the phone with Paul Kasriel and he was laughing about that. I will try and paraphrase PK: (No one has been more consistently wrong about the econony and what indicators mean than Greenspan. He has been saying that for years. He was wrong then and he is wrong now). BTW - that is how I feel and how Heinz feels as well. Heinz emailed me almost the same comment today as well. In fact Here is Heinz comment (not in reply to yield curve flattening but something else): "Greenspan's economic forecasting record is demonstrably atrocious. one of the worst forecasters around" Mish