Inverted Yield Curve Passes Danger Line
With the spread between short and long rates upside down for more than 15 straight trading days, that portends a recession for sure by August, Bespoke warns.
The economic and investing impact on China should be small, the firm expects. Hopefully with no Tiananmen Square rerun.
After regular trading hours is when equities increase the most, a Bespoke study finds.
But then he expects a rebound that will send the market up again in the second half.
When the market has been good before the ninth month, its poor rep doesn’t matter.