Tuesday, January 03, 2006

The Seattle Times: Business & Technology: Top forecaster sees U.S. recession
This prediction, by Prof. James F. Smith of the University of North Carolina, is based on the "inversion" in the bond market that I posted on a few days ago.
The U.S. bond market's most accurate forecaster, who plies his trade 500 miles from Wall Street, says yields are sending ominous signs about the economy.

Monday, January 02, 2006