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Glenn Beck: Don't follow herd on the economy


Casper

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Also not a huge GB fan, but at least he's right about considering all viewpoints no matter how crazy; makes you EDUCATED, not a lunatic.

Interesting side fact, which in all honesty, I haven't dug in to confirm - but I'm taking a finance class right now as part of my graduate studies. My prof has an engineering undergrad, and graduate degrees (including a PhD) in economics. So, he seems like a reputable fella. Anyway -- one of the notes I took regarding the economy was that since WWII, the Treasury Yield Curve was a leading indicator of a recession (Typically 6-9 months). If the Yield Curve is inverted, then a recession is likely to occur. So, if you look back around July of last year... it was inverted for the short term. And thus, here we are today.

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