10-11-19: Yield Curve 'Father' Says Now Is Time To Prepare For Recession
Oct 11, 2019, 11:50 PM
The 3-month Treasury has been in an inverted yield curve since May, and one opinion argues that assets can be better managed when the economy is booming.
Today's Stocks & Topics: HABT - Habit Restaurants Inc. Cl A, Treasury Debt, Where Do Your Paycheck Go?, Annuities, CBLK - Carbon Black, Inc., VMW - VMware Inc., MO - Altria Group Inc.
Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields, 30-yr fixed mortgage rate, Consumer Sentiment Index; TRIVIA QUESTION: "Over the 119 years since the beginning of the 20th century (which was 1900), what percentage of that time has the U.S. been IN A RECESSION?"