RE:RE:MOCtheTransporter : What are your pronostic for FIRE knowing that the D.J. and the entire market are affraid of a recession coming. The Dow fell 400 points Friday as a leading recession indicator stoked fear among investors. The yield on 3-month Treasuries rose above the rate on 10-year Treasuries for the first time since 2007 — a shift that spooked Wall Street and sent the Dow plunging. Investors have piled back into stocks after a sell-off in late 2018. The flattening yield curve, or the difference between short- and long-term rates, has worried investors for months. A narrowing spread is typically seen as sign that long-term confidence in the economy is waning, which could signal an eventual economic contraction.
Me I more on with
Michael Darda, chief economist and market strategist at MKM Partners, when he notes that on average, recessions occur 12 months after an inversion — not immediately.