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What people get wrong about the market’s favorite recession signal, according to a Wall Street strategist

What people get wrong about the market’s favorite recession signal, according to a Wall Street strategist

What people get wrong about the market’s favorite recession signal, according to a Wall Street strategist Kara Chin, Jacqui Frank and Sara Silverstein Aug. 2, 2018, 2:02 PM 0 facebook linkedin twitter email embed David Kelly, Chief Global Strategist of JPMorgan Asset Management, expects the yield curve to be almost completely flat a year from now.…


What people get wrong about the market’s favorite recession signal, according to a Wall Street strategist

David Kelly, Chief Global Strategist of JPMorgan Asset Management, expects the yield curve to be almost completely flat a year from now. But he says not to worry if it ends up inverted. Kelly calls the inverted yield curve a broken barometer that can no longer be trusted to predict economic trouble. He goes on to explain how an inverted yield curve can create income for consumers. Following is a transcript of the video. 

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What people get wrong about the market’s favorite recession signal, according to a Wall Street strategist

David Kelly, Chief Global Strategist of JPMorgan Asset Management, expects the yield curve to be almost completely flat a year from now. But he says not to worry if it ends up inverted. Kelly calls the inverted yield curve a broken barometer that can no longer be trusted to predict economic trouble. He goes on to explain how an inverted yield curve can create income for consumers. Following is a transcript of the video. 

What people are missing when it comes to trade, stocks, and the market’s favorite recession signal

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