How Far Is The Next Recession? CIO Of $40B Giant Explains Yield Curve QuandaryMichelle Jones
Concerns about the yield curve continue to grow, especially in the weeks since the inversion. The equity bull market has run past 10 years, so it seems many portfolio managers are starting to prepare for the next recession, using the yield curve as a signal pointing to a downturn just ahead.
Why the yield curve is important
It's easy to see why investors and traders are so concerned about the yield curve. In a presentation for the Greater Houston Community Foundation, Angeles Investment Advisors Chief Investment Officer Michael Rosen said inverted yield curves have gone before seven of the last eight recessions.
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