Inverted Yield Curve Mania Strikes Again!
Three Reasons to Take it in Stride
(NOTE: This is a partial repeat of an earlier NN on the Inverted Yield Curve)
The stock market dropped 800 points (-3%) on Wednesday, August 14th (also my birthday), its worst day of 2019. The big move down was in response to something Ned’s Notes has addressed twice before: The dreaded Inverted Yield Curve (IYC).
