In today’s briefing:
- The Yield Curve Inversion is Coming
The Yield Curve Inversion is Coming
- An inverted yield curve not only predicts, but it directly contributes to sharp economic slowdowns.
- As refinancing credit short-term becomes prohibitively expensive while markets already price in poor expectations for long-term growth, the economic engine actually slows down and a vicious circle unfolds.
- Today, we will talk about which yield curve to look at, why it’s very likely to invert and what does this mean for markets and the economy.
Before it’s here, it’s on Smartkarma