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Archive of entries posted on 14th November 2019

Yield inversion inverts. What that doesn’t mean — for now. The real hero of yesterday’s impeachment hearings

Earlier this year, the financial press was agog with yield inversion and why it signaled an imminent recession. The recession didn’t happen and the noise about the yield flip died down. There’s always urgent noise in the financial press because there’s lots of financial press. They got to write about something urgent — or lose […]