Does The Yield Spread Predict Recessions In The Euro Area?

No and no... You shouldn't really read anything other than what I said into my comments.

 

OK. So you just disagree with my school of thought not me?

 

I have no idea you had a "school of thought"... Given that the only representative of your "school of thought" I know of is yourself, I am forced to conclude that I disagree with both.

 

ahem... traditionally, a 'school' requires at least two adherents; Otherwise, it's considered somewhat bad form (and immensely lonely)

 

There you go taverich.

http://morganisteconomics.blogspot.com/p/what-is-morganist-economics.html

 

I have lots of supporters.

 

It's also bad form to include one's mother or one's teddy in the head count of one's own school.

 

I am not. I have a growing following.

 

You know who has a growing following? Justin Bieber (I'm clearly behind the news cycle there but my niece talks incessantly about this fella).

Is your following like his following?

 

I haven't got anyone pregnant in a 30 second back stage passion. However I get growing support.