Business > U.S.

‘It's All Doom and Gloom.' A Key Indicator of Recession Just Triggered in Both the U.S. and the U.K

8 days ago   |   By Time

The stream of investors seeking refuge in the safest parts of the market has triggered yet another recession warning, with yield curves inverting from the U.S. to the U.K.
The gap between two- and 10-year yields dropped below zero on both sides of the Atlantic after a wave of soft economic data globally. Weaker-than-forecast Chinese retail sales and industrial output set the mood for the markets, with data later in the day showing Germany's economy contracted, adding to the gloom.
“The bond market is saying central banks are behind the curve,” said Marc Ostwald, global strategist at ADM...
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Bank of America says US stocks are 'on borrowed time' following the latest yield-curve inversion

Bank of America says US stocks are 'on borrowed time' following the latest yield-curve inversion

8 days ago   |   By Business Insider

The spread between two- and 10-year Treasury yields fell below zero, something that's preceded each of the last seven recessions.
Its also a sign that US equities will peak, according to analysts at Bank of America Merrill Lynch.
However, when the S&P 500 will top is unclear. According to historical precedent, it can happen in as little as one month or take more than a year.
Watch the S&P 500 trade live on Markets Insider .
The yield curve's most recent inversion is the latest signal the days of blockbuster growth in the S&P 500 are numbered, according to analysts at Bank of America...
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