Dr. John Rutledge on the Inverted Yield Curve
John Rutledge’s experience combines a strong academic background and front-line investment experience. His writing is authoritative and persuasive. If you missed him on CNBC, you can read his explanation here. My readers will find both the argument and the implications for stocks to be familiar. The explanation of the need to understand "why" is especially good.
Link: Inverted Yield Curve.
I did a spot on CNBC Wake Up Call at 6:30 this morning; hope you were still sleeping. The topic was the inverted yield curve. Yesterday, the yield on the ten year Treasury dipped below the yield on the two year, reversing the "normal" relationship …