video Group CIO Dan Ivascyn says that while there’s considerable uncertainty going forward, it’s premature to suggest a recession is imminent simply because we’ve seen some inversion in a portion of the U.S. yield curve.
Bank and institutions carries whole lotta tool box on them.
Short term higher than long term yields, ok, they borrow NOW more to handle the global slowdown and attenuate the financial wobble...
So, what? If push this button in the past and later they had a recession it doesn't mean only that button caused it... because they push lotta buttons when they feel the economy gets cold.