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Notes to myself, possibly of interest to others.
-- Bill Northlich
Tuesday, May 25, 2010
Shedlock: We have a global slowdown on our hands
Yield Curve March 2008 Through May 2010
click on chart for sharper image
Please note that vertical red oval. This cannot possibly be blamed on North Korea although the economic cheerleaders sure will try.
Tensions Mount in Asia; North Korea Prepares for Combat; South Korea Won Sinks to 8-Month Low; Futures Sink, Nikkei Hammered Again
for details on rising tensions in Asia.
This action in treasuries is not in any way shape or form synonymous with a recovery but rather a global slowdown. Equities are not remotely priced for this event.
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