Housing, Credit, Economy: At an Inflection Point [View article]
Just a technical comment. An "inflection point" is a point of maximum rate of change, not a bottom or top. On a perfect sine curve, the inflection point is exactly midway between the top and bottom. It is the point at which the graph turns from concave up to concave down.
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Just a technical comment. An "inflection point" is a point of maximum rate of change, not a bottom or top. On a perfect sine curve, the inflection point is exactly midway between the top and bottom. It is the point at which the graph turns from concave up to concave down.
Apr 14 08:06 am
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