Thursday, May 19, 2005
Money Supply Downturn
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I recieve a newsletter that show the 3yr growth rate of MZM money supply is decelerating which historically usually leads to recession or weak economy.
Also note how the yield curve is flat ... and w/bonds holding still and Fed raising interest rates a little further, we could be in an inverted yield curve situation ... which historically leads to the same thing.
JeffInAZ
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Also note how the yield curve is flat ... and w/bonds holding still and Fed raising interest rates a little further, we could be in an inverted yield curve situation ... which historically leads to the same thing.
JeffInAZ
# posted by 
: 4:58 PM
: 4:58 PM << Home
