At the same time, the yield curve is flat and actually has the potential to invert. An inverted yield curve has often been a precursor to a recession occurring within a year.
More Quotes from Harvey Rosenblum:
There is no honeymoon -- not in a financial system like ours, not in this country where people are free to take risks and reap the consequences.Harvey Rosenblum
The rapid easing of monetary and fiscal policy this time around should enable the economy to return to positive growth more quickly than usual and with lower interest rates and inflation than during the 1990s expansion.
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