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This Recession Indicator Is Going Off—but Here’s Why You Shouldn’t Use It to Time the Market

This Recession Indicator Is Going Off—but Here’s Why You Shouldn’t Use It to Time the Market

Fortune Aug. 13, 2019

This Recession Indicator Is Going Off—but Here’s Why You Shouldn’t Use It to Time the Market

One of the biggest surprises to market participants this year has been the big move lower in interest rates. When the Wall Street Journal polled 69 economists in January, not a single one predicted 10 year treasury rates would fall below 2.5% by June (the actual rate was closer to 2% by then). The average forecast from this group of experts was 3%. The 10 year is currently yielding close to 1.7%.

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14.08.2019, 01:00 von COO | 69 Aufrufe

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