Toro
Diamond Member
So sayeth a very accurate historical predictor of economic activity.
CARPE DIEM: NY Fed Treasury Spread Model: No Chance of Recession in 2010, Economic Recovery Has Started
Maybe its wrong this time though.
![fed2.bmp](/proxy.php?image=http%3A%2F%2F4.bp.blogspot.com%2F_otfwl2zc6Qc%2FSqf_DxavvPI%2FAAAAAAAALRw%2FtYp7BmUIWB4%2Fs1600-h%2Ffed2.bmp&hash=6537fe96ef461b6805de4322243580c3)
CARPE DIEM: NY Fed Treasury Spread Model: No Chance of Recession in 2010, Economic Recovery Has Started
Maybe its wrong this time though.