Monday, November 12, 2012

From Bad to Worse


Click to enlarge.

Source Data:
St. Louis Fed: Median Duration of Unemployment

5 comments:

  1. I nearly named this post...

    When "Sure Things" Break

    The data was following that blue trend line extremely predictably right up to the point it wasn't.

    ReplyDelete
  2. That's exactly how a complex system is supposed to break. Everything seems stable for a long time, stresses build up, then the catastrophe.

    Here are more examples:
    Avalanche
    Earthquake
    Volcanic Eruption
    ...
    ...
    T-bill rates?

    Who knows?

    ReplyDelete
  3. Mr Slippery,

    Camel's back! ;)

    I think T-Bill rates will show surprisingly strong resilience for at least a few more recessions.

    Just an opinion!

    ReplyDelete
  4. Look at the raw data.

    It's the damned Loch Ness Monster.

    http://research.stlouisfed.org/fredgraph.png?g=cOf

    JzB

    ReplyDelete
  5. Jazzbumpa,

    Damn it! Gridlock-ness Monster! ;)

    ReplyDelete