Warren Pierson | Source | Managing Director Deputy Chief Investment Officer at Robert W. Baird & Co
Warren Pierson
Managing Director Deputy Chief Investment Officer at Robert W. Baird & Co
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Robert W. Baird & Co (http://www.rwbaird.com)
Managing Director Deputy Chief Investment Officer
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The dreaded yield curve inversion and why it spooks recession-watchers
An inversion is a measure of upside-down markets logic. When it happens, recession warning lights begin to flash.
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A lot of people have thrown in the towel and said, 'I don't know, maybe interest rates are never going to rise that much, so maybe yields that looked disappointing maybe aren't.
