Wednesday, June 29, 2011

Economic Downturn: The Red Flags and What They Mean

The recent flare up in Europe has made markets jittery and in turn ignited the risk-off trade (See 10-year yield). The S&P has lost roughly 6% since late April while the 10-year Treasury touched 2.88%, the lowest rate since December 2010. But let's put aside the European turmoil and government intervention and look at some raw indicators that may be able to provide better guidance for the months ahead. Check out the article at Seeking Alpha to find out what we we think.

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