U.S. stocks are holding steady despite what many see as a reliable recession indicator, and Wall Street experts are similarly unfazed — at least for now.
To many, an inverted yield curve signals an oncoming recession. But analysts and economists are largely split — and mostly underwhelmed — by the latest test of the market's resilience. "The importance of the yield curve is how long are we going to be inverted for? [...] The longer you have this situation, the higher the risk goes. I think if we can go a few days inverted and then start to steepen again, I don't think the concerns are as worrisome. ... Our big area of focus is the semiconductors, and they've been a great leadership [group] for the market overall over the last six years. Every major sell-off in the stock market has been preceded by underperformance.
"When something happens for the first time since 2007, people pay attention, and that's what happened on Friday when you got the inversion. However, when you look at the economy ... and also when you look at the determinants of the yield curve shape and move, this is not signaling recession.
Let’s add to the fact that -The GAO pointed to an IRS estimate that about 4.6 million fewer filers would receive refunds this tax filing season. Another 4.6 million filers were likely to owe money who had not had that experience in the past.
Yeah we don't see it, either
They must be blind to all the recession warning signs then
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:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global stocks tumble as bond markets sound U.S. recession warningInvestors ditched shares on Monday and fled to the safety of bonds while the Jap... How convenient. Days after the mueller report completely exonerates Trump this happens. Looks like another cohencidence.
Source: Reuters - 🏆 2. / 97 Read more »
Stocks log worst day in over 2 ½ months as bond market flashes recession warningU.S. stocks close sharply lower Friday, with all major indexes logging their worst day in nearly three months, after a downbeat round of economic data in...
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks typically outperform for a long time even when the bond market is flashing recession signalSome investors may be freaked out over the recession signal being sent by interest rates, but if history is a guide, there is still time to capture more gains in the stock market. FoxBusiness MadMoneyOnCNBC even banks do well in a flat yield curve and Janet Yellen says we have a flat yield curve Trying a hard sell here ? Ain’t we ? Delaying the inevitable.
Source: CNBC - 🏆 12. / 72 Read more »
Bond yields are edging higher, easing stock market's recession jittersChina stocks continued their slide on Tuesday on economic red flags in the bond market, while US futures signal a slight gain on Wall Street.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks tumble as bond market flashes possible recession signalStocks are in retreat Friday, as a key measure of the U.S. yield curve inverted and a downbeat round of European data underlined worries about global growth... VIX surges, but the move in VIX futures is getting rather 'panicky'. Bich im out here trying to make money. Why are you mentioning the R word?
Source: MarketWatch - 🏆 3. / 97 Read more »
The bond market flashed recession. So why is the stock market booming?A reliable recession predictor flashed in the US bond market last week: the most closely watched part of the Treasury yield curve inverted. At first, stocks shuddered. Then they shrugged it off. with their daily attempts to crash the economy so that they can blame Trump. FakeNewsCNN EnemyOfThePeople 'A reliable recession predictor flashed in the US bond market last week. At first, stocks shuddered. Then they shrugged it off.' In other words a CNN story about bugger-all. Total fear mongering by the liberal media that hopes the economy tanks right before the Trump re-election. They will work overtime to make you believe our economy sucks.
Source: CNN - 🏆 4. / 95 Read more »
'Flashing amber': Global stocks tumble, bonds rally on U.S. recession riskInvestors ditched shares on Monday and fled to the safety of bonds as risk asset... This will elect a Democrat
Source: Reuters - 🏆 2. / 97 Read more »
Bonds are flashing a huge recession signal — here's what happened to stocks last time it happenedThe bond market is edging closer to signaling a recession, but don't panic, stocks could have a lot more to run even if the feared 'yield curve' inverts, according to history. Yes but this market rallied 20% right before it inverted. That didn’t happen before. Zero upside here. The scare tactics are unbelievable!
Source: CNBC - 🏆 12. / 72 Read more »