By Matthew Kerkhoff
What’s the best thing to talk about when the market is firing on all cylinders? Recessions, of course. Rather than getting caught up in the excitement of Nasdaq 8,000 – which we reached today, or the fact that the S&P has finally broken out to new highs, let’s ignore the crowd and stay focused. We have work to do.
Today, we’re going to drill down into the yield curve once again because while this incredibly accurate recession predictor has been around for decades, it’s popularity and overall presence in the mind of investors seems to have increased recently.