Thursday, July 20, 2006

The yield curve is inverted from 3 months to 10 years. The stock market usually declines on the day that happens.

2 comments:

Anonymous said...

So is it time to go? Or wait for the monthly average to reflect the inversion?

Deborah said...

Don't dump everything & go short; you can hoard cash and/or become more conservative in your investments. Quality spreads are still narrow and the long end of the curve is still normal so no serious recession is in sight. This is just Bernanke proving himself - as he must.