Economic Update - Odds of continued expansion set at 62%

I just updated my Economic model and I'm still setting the positive outlook at 62%

Interesting highlights - data for the end of Aprill 2011

• Generally, interest rate trends remain down
• The 5 and 10 Year T Bond yield is creeping upward
• Spreads of short term paper such as 3 month LIBOR and Euro deposits against the 3 month T Bill are widening
• Personal Income from 2011 Q1 continues to improve