In this latest publication, our Chief Investment Officer Sean Hanlon discusses why the possibility of a yield curve inversion, due to the current FOMC Forecast for three rate hikes in 2018 and two in 2019, does not necessarily mean that a recession is on the horizon.
In addition to publishing research pieces directly to our Advisor community, Sean is also a contributor to Forbes Advisor Intelligence. Forbes
“Therefore, we believe that longer-term US rates are not falling because of fears of lower economic growth, or recession. We feel the appetite by foreign investors for the comparatively higher US yields is what is causing the US yield curve to flatten, maybe even invert. But we do not see this as a portent of an imminent recession”
Read the full article – Here