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It’s Not Different This Time
November 7, 2019 | Commentary
Market participants are typically investing where they think conditions will lead us up to about a half-year out. For this reason, the market cycle will usually precede the actual business cycle by approximately that same amount of time.
Yield Curve Inversions Are Rare: A Historical Review Across Dissimilar Asset Classes (Part 1)
October 22, 2019 | Commentary
The interest rate yield curve inverted last August, and most in the financial community concluded that a recession was imminent.