Posted by Jed Lewison on Sat Sep 15, 2007 at 6:10 PM Pacific

Double Warning That a Recession May Be on the Way

NYT: Double Warning That a Recession May Be on the Way

The employment statistics and the bond market are combining to send out a warning that has been heard only rarely in the past two decades: A recession is coming in the United States.

The two charts show the double warning. Both charts warned of an economic downturn before the 1990 and 2001 recessions, and they are doing so again.

While each has arguably registered false warnings, they have never done so together.

Double Warning That a Recession May Be on the Way

NYT: Double Warning That a Recession May Be on the Way

The employment statistics and the bond market are combining to send out a warning that has been heard only rarely in the past two decades: A recession is coming in the United States.

The two charts show the double warning. Both charts warned of an economic downturn before the 1990 and 2001 recessions, and they are doing so again.

While each has arguably registered false warnings, they have never done so together.

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