-
Forget the yield curve, here’s who will prevent the U.S. from entering a recession
Stop obsessing over the yield curve and its power to predict a recession. That’s our call of the day’s message, from The Economic Outlook Group’s chief global economist Bernard Baumohl, who says rising expectations of a global downturn are becoming a little nutty. This comes a day after recession mongers leapt on the spread between the 10-year TMUBMUSD10Y, +0.54% and the 2-year Treasury note yield TMUBMUSD02Y, -0.53%, which briefly inverted Wednesday. For those of you who missed the significance of that move, it’s a recessionary red flag that has predicted some past downturns. Stocks wasted no time in adding ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Aug 15, 2019 9:15am Aug 15, 2019 9:15am
- WaveTradeV2
- | Commercial Member | Joined Oct 2018 | 53 Comments
- Comment #2
- Quote
- Aug 15, 2019 9:28am Aug 15, 2019 9:28am
- vpn
- | Joined Aug 2019 | Status: Member | 22 Comments
- Comment #3
- Quote
- Aug 15, 2019 10:09am Aug 15, 2019 10:09am
- hayseed
- Joined Nov 2006 | Status: Member | 314 Comments
to trade and code, keep both simple... no call to impress....h
- Comment #4
- Quote
- Aug 15, 2019 11:06am Aug 15, 2019 11:06am
- helgastrxd
- | Joined Jul 2013 | Status: Member | 10 Comments
- Comment #5
- Quote
- Aug 16, 2019 2:38am Aug 16, 2019 2:38am
- renko4x
- | Joined Feb 2016 | Status: good bye FF | 4 Comments