Bank Of America Admits The U.S. May Already Be In A Recession…(Depression, Idiots!!)

by Tyler Durden
ZeroHedge.com
02/07/2016

“The US Treasury curve is still steep by historical standards. Taken at face value, this may suggest recession odds are small. However, we argue this logic is flawed because the curve is structurally steep when the Fed Funds rate is close to zero. When adjusted for the proximity of rates to zero, the curve may already be inverted and therefore may already be priced for a recession./// Implied recession odds are as high as 64% if the adjusted OIS curve is used”

The Rest…HERE

This entry was posted on Sunday, February 7th, 2016 at 1:57 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.