Prelude To A Bull The Economic Signs That Signal Market(pdf)
The bond market has a crystal ball that the equity market should take a look at:
the yield curve. The events of this past year have once again proven the value of
using the yield curve as a predictor of future economic and financial events.
For investors that heeded the warnings inherent in the yield curve at the start of
last year, they are now sitting on a pot of gold. For everyone else, well, they are
looking at their stocks like a deer at headlights.