1 reply to this topic

[tommyt]

all this talk of when we are entering a recession...we are already in it! and will only be told it and confirmed way after the fact..like 2 qtrs of negative GDP...markets are moving way in front of the actual, and the question looming is, where will the fall low be coming up??

[Cirrus]

You just might be right. If you correct for some of the government's economic data you are definitely correct. I just don't see how we navigate this housing disaster without a high probablity of a recession. I think the fact that the 10 yr rate is down over 100 BPs in less than 3 months is saying something significant about the probablity of a recession.