Review Detail

Very informative. The comparisons to 2007 were helpful in understanding the potential peril that the inverted yield curve signals. Though it was underscored that this is not a fait accompli the reality is that if the FED does not reduce the rate increase from December rate hike it will presage the initiation of an economic downturn and the end of the present bull market run, with the caveat that if a trade deal is resolved with China in the next few months, the trailing indicators would be arrested.