per ThinkAdvisor
A Change In Thinking
ThinkAdvisor
At a recent event focused on the financial crisis, Bernanke said, “Historically the inversion of the yield curve has been a good [sign] of economic downturns [but] this time it may not,” because of market distortions due to “regulatory changes and quantitative easing in other jurisdictions … Everything we see in terms of the near-term outlook for the economy is quite strong.”
The Classic Case
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