Investors have triggered a recession signal with a perfect 50-year track record — and one expert says years of 0% market returns could be in store

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

It's not just the yield curve: Stifel's Barry Bannister says a signal with a 50-year perfect track record shows no returns for stocks into 2024.

and startled the market, there's been a debate about whether the recession warning sign was for real.

A yield curve inversion occurs when short-term bond yields top their longer-dated counterparts, and is a sign investors are deeply worried about the economy. Since it's happened before each of last seven recessions, it's considered one of the most trustworthy recession signals. And it's flashed recently as the trade war prompted an investor flight to safer assets..

Bannister says his yield curve measurement inverted on June 20. His projections about the timing of a market sell-off and recession are based on historic averages of what happened before previous downturns.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Phone Companies Partner With All 50 States To Fight RobocallsEvery major phone company in the country has partnered with the 50 states to address illegal robocalls through call-blocking and call-labeling technologies. What do you think? Same. Don't worry it was a pocket dial
Source: TheOnion - 🏆 724. / 51 Read more »