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Old 11-30-2007, 02:26 PM
DcifrThs DcifrThs is offline
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Join Date: Aug 2003
Location: Spewin them chips
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Default Re: How far will bonds go?

U.S. has a 95% chance of hitting a recession within the next two quarters IMO. Bond markets are doing a much better job of pricing this in than the equity markets.

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define recession.


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The National Bureau of Economic Research is accepted as the official government determination of when a recession occurs. It is normally (but not always) two consecutive quarters of decline in real GDP. They do take other factors into consideration.



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I wanted to get PRE's definition of recession...for betting purposes.

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