Authored by Mike Shedlock via MishTalk, The yield curve inverts when the Fed keeps hiking in the face of a slowdown... Bianco research noted today "There has not been one instance where the 2-year 5-year spread inverts and the 3-month 10-year spread didn't." OK. But Why? Answer: The Fed kept hiking in the face of a slowing economy as the chart I posted shows. Thus, whether or not the 3-month to 10-year spread inverts may very well depend on how many more hikes the Fed gets in. It's...Zero Hedge
Treasury market moves are sending a menacing signal about the economic outlook. An inverted curve is often interpreted as a signal of a looming recession.WSJ
Michael RaineyDecember 3, 2018Republicans hold the majority in the House for a few more weeks, but that numerical advantage doesn’t mean much if...The Fiscal Times
Part of the U.S. Treasury yield curve "inverted" this week, setting off debate over whether it is delivering a classic signal of oncoming recession or it has just developed a short-term kink that can be explained away by technical reasons.U.S.
The Washington Redskins upset leftists on Monday with news they signed Mark Sanchez to be their backup quarterback, and not because of his infamous "butt fumble."Washington Examiner
The box-office-friendly comedian will host film's biggest night.www.washingtonpost.com
Apple stock is on pace to have its worst month since 2008, dropping 21% and wiping out over $200 billion in value. In fact, it briefly lost its crown as the most valuable U.S. company to Microsoft this week. Here's why investors have been so negative on Apple lately. Apple stock is having a terrible month. Although it's still up just under 3% on the year, it's been deeply slumping since November 1, dropping 21% during this month, wiping out over $200 billion in value. That was when Apple...Business Insider