Trump Has Real Reasons to Fixate Over the Stock
Market: Study finds a measurable tie between share returns and voting
“While no cycle is the same, past patterns in relation
to a widely followed recession signal -- a curve inversion where two-year
Treasury yields sit above 10-year, may point to a market peak and an economic
downturn close to next year’s election.
Since 1956, such bond market warnings preceded a
S&P 500 top by seven months and a recession by 15 months, on average, data
compiled by Bank of America showed. Yields inverted in August for the first
time in more than a decade. Should a similar path be followed, stocks may face
some trouble starting in March 2020 and a recession in November.”
Is the World Economy Sliding into First Recession
Since 2009?
https://www.bloomberg.com/news/articles/2019-10-12/is-the-world-economy-sliding-into-first-recession-since-2009
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Implications for College Graduates:
Recession Graduates: The Long-lasting Effects of an
Unlucky Draw