Are bond markets signalling a recession, or will things be different this time? Keith answers this pressing question – and more – on his latest appearance on Fox News. The real question, he says, isn’t what you should sell. Instead, you should be asking yourself what should you BUY. Click here to watch.
My email exploded Wednesday morning when the yield curve inverted and, not surprisingly, the major market averages tanked. So did our phone lines, our chat boards, and our mailbag for that matter.
News headlines, of course, didn’t help:
… Bond markets are sending one big global recession warning (CNBC)
… Yield curves invert in US, UK as “Doom and Gloom” spreads (Bloomberg)
… Recession indicator with perfect track record flashing red (Fox Business Network)
I wouldn’t blame you if you wanted to run for the hills… lots of folks do under the circumstances.