An inverted yield curve isn't trouble; it's actually bullish for stocks, as long as it remains inverted.
The problem begins when it crosses from inverted to normal again. Then it's time to sell stocks.
An inverted yield curve isn't trouble; it's actually bullish for stocks, as long as it remains inverted.
The problem begins when it crosses from inverted to normal again. Then it's time to sell stocks.
USD Core PCE Price Index m/m, actual 0.2%, forcasted at 0.1%.
Further evidence that this economy is buring the candle at both ends. Bond futures prices backed off immediately, but they are now recovering off lows and yields are now "amazingly" going back lower.
SIFs couldn't give a shit and appear to be trading far into the future of all this news. Markets can stay "irrational" longer than I can stay solvent.