Your aritcle, please read the last sentence:
Inverted curve might not signal weakness-Greenspan
Mon Jun 6, 2005 11:00 PM ET
WASHINGTON, June 6 (Reuters) - Federal Reserve Chairman Alan Greenspan said on Monday he would be hesitant to assume an inverted bond yield curve in the United States would necessarily mean the economy was weakening.
"It's ... certainly the case that history suggests that it's usually, or has been, an indicator -- a forward indicator -- of softening economic activity," Greenspan told a bankers conference in Beijing as he answered audience questions via satellite from Washington.
"I suspect, however, that we have changed the structure of flow of funds and relationships amongst the various interest-rate tranches by maturity such that I'm not sure what such a configuration, should it occur, would mean."
"I cannot tell you whether in fact we will see an inverted yield curve," he added.
Hmmmmmmmmmmm, can't tell us if we "will see an inverted yield curve". NOt, we currentlly are seeing an inverted yield curve.
You're wrong, go play with techy.....................
BTW, would you quit playing with the fonts on my posts that you quote.....
Thank you,
Yeah, like that'll stop him..............
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