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Old 11-29-2007, 08:09 PM
smbruin22 smbruin22 is offline
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Join Date: Aug 2005
Posts: 2,524
Default Re: How far will bonds go?

recession has a very specific meaning. i think it's two quarters of negative year over year real GNP growth.

recession definition is basically a point.... i think better question is major recession, although not sure that many economists are even calling for recession yet.

check out michael rosenburg from merrill lynch. he's been very pessimistic for quite awhile... i think hoisington is all over very low rates.. i think pimco too, but not certain of that.
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