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A member of Wall Street's Digital Underground since 1995
Thursday, June 14, 2007
A more normal yield curve
The recent moves in interest rates have restored the yield curve back to a more normal status, P/E ratios still remain in my mind very low making US equity markets a global bargain. I would use this correction to pursue further purchases at this time. From the recent stock market action the reversal of the inverted yield curve may be a further bullish signal.