Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:TJ AND SCROOGE ARE RIGHT

[Torontojay]

DZtrader wrote:
Ha, you're funny. Guess thats the best you can come up with. Again, proven wrong and you still try to twist something. I had no doubts in what I said was correct with regards to the length of the invertion. It was you the wanna be economist who was so far off and didn't even relize this fact. I checked it to ensure accuracy (prudent not doubtful) and to get a more exact duration. Which goes to my first point in suggesting this time it didn't predict too well. That is the point I was making that you tried twisting and my point is and was correct. Nice try though TJ, might want to get up a bit earlier next time. Enough already.

 

Listen buddy, nobody is talking about the length of time the yield curve has been inverted. You are talking to a macro guy that knows exactly when and for how long it has been inverted. That's not the issue. It's the predictive power of the inverted yield curve on a slowing economy further ahead. It did a great job at forecasting the direction and strength of the Canadian economy whose yield curve is inverted as well. It still has a long way to go before it normalizes. 

My issue is that you said it does a "reasonable" job at predicting a recession and that's undermining its historical
accuracy of forecasting a recession.