Recession might be on the way, but so far the yield curve is just telling us that the economy is weakening. And you already knew that, writes @jmackin2
@WSJ6 years ago
Long-term bond yields plunging below short-term ones is a good predictor of Fed rate cuts and an economic slowdown—but a recession is no guarantee, writes @jmackin2
@WSJ7 years ago
Turkey’s boom led investors to think there had been permanent institutional change, but as boom turns to bust the old bad politics and policies have resumed, writes @jmackin2
@WSJ7 years ago
Highflying technology stocks had been ignoring rising threats for a while. Reality reasserted itself on Tuesday, writes @jmackin2
