Trader Warns Yield Curve Inversion Confirms Fed’s “Inadvertent Transmission of a Sense of Panic”
25th March 2019
It isn’t all that meaningful to debate whether the inverted yield curve in the U.S. that occurred Friday will lead to a recession a year from now. Nothing is written in stone. Whether one comes to pass or not doesn’t validate nor negate the signal one way or the other.
Women and minorities hardest hit, etc. etc.
UPDATE: Here Comes The Selling: CTAs, Dealer Gamma Flip Short Today