, meanwhile, continued their ascent, but that had little impact on the growth sectors including tech as investors look ahead to data due Friday expected to show that producer prices are slowing.pressures will increasingly secure a smaller rate hike of 50bps come Wednesday, however, a larger-than-expected rise, or worse, a reversal in the downward trend could undermine the Fed’s plans for a pivot to a less aggressive policy,” Stifel said in a note ahead of the PPI report.
“If it [the yield curve] were just mildly inverted, maybe you could make the case that the longer term economic outlook looks better than the shorter term, but given the magnitude of that inversion, I think that certainly tilts my opinion more towards a potential recession,” Melissa Brown, Qontigo Managing Director of Applied Research said Thursday in an interview with Investing.com’s Yasin Ebrahim.
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