How To Know If A Recession Is Really On Its Way

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		Tech Media Wall Street Markets Strategy Sports Tools Travel Politics Latest Video Hey Finance Whiz: Please Take Our Brief Survey Do you work in the financial services industry? If so, we'd like to hear from you! Please take two minutes to answer our brief survey. Thanks in advance for your time. Friday, May 6, 2011 How To Know If A Recession Is Really On Its Way There's no doubt that there's been a slew of ugly economic data lately (today's jobs report being an exception) and suddenly people are talking double dip again. But not to worry says JPMorgan strategist Thomas J. Lee. The telltale sign of an impending recession is an inversion of the 30-year-10-year yield spread. Typically, 30-year bonds yield more than 10-year bonds as a function of people wanting to get paid for not being in riskier assets. When the 30-year yield collapses, watch out. 30-year yields have been coming down, and the spread is narrowing, but we're nowhere near inversion. Read » Also On Clusterstock Today: The Greatest Moments In Erin Burnett History BLIND ITEM: Which Former Goldman Partner Is Bad-Mouthing The Firm? Meet The Stockbroker Who's Dating Pippa Middleton Here's Who Will Be Substituting For Erin Burnett On Squawk On The Street Next Week Advertisement CHART OF THE DAY: Remember $100 Oil? CHART OF THE DAY: This Trend Trumps Fed Tightening, Surging Commodities, And Softer Sales CHART OF THE DAY: Why This Stock Market Looks Like Tech Bubble 2000 All Over Again Share this email: Buzz Facebook Twitter Digg Reddit StumbleUpon The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Clusterstock RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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