Calafia Beach Pundit: Ten Key Economic Indicators Remain Strong – April 8, 2019

In this article, Mr. Grannis admits that the U.S. economy is weakening, but notes that there are a sufficient number of economic indicators that suggest that fundamentals are still strong and, therefore, an imminent recession is highly unlikely.

By now, just about everyone knows that an inverted yield curve is a sign of an impending recession. It may be a necessary sign, but it is not sufficient. It takes more than an inverted yield curve; it also takes very high real interest rates, which are the Fed’s most powerful tool, to trigger a recession. Today the yield curve is only slightly and partially inverted, while real yields are still relatively low.

You can read the entire article by clicking: … HERE

About Bob Weir 3002 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).