[RT] GEN: ?recession

["Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>]

RT's,

While doing office archeology (horizontal filing) today I ran across the
source of the inverted yield = recession quote:

"When T-Bill yields exceed T-Bond yields, there has always been a recession,
and there has never been a false recession signal."

--William Wilson, VP and Economist, Commercial Bank, Detroit.

I have never vetted this quote, so I do not know if in fact this person said
that. This is not an advertisement for a recession, and even if I had one to
sell I would not advertise it here. Sorry.



____ Michael