Market analysts are concerned that rising interest rates may lead to a recession. Kathy Jones of Schwab explains that an inverted yield curve has preceded every modern recession — and the present curve is flattening. Is the global economy in a downward spiral? The data tell a far happier story than the headlines, as Peter Coy of Bloomberg Businessweek reports. With the holiday season fast approaching, you may want to consider a gift that will keep giving for years. The 2018 Financial Gift Giving Guide offers seven to choose from.
Does An Inverted Yield Curve Portend A Recession? — “..when the Federal Reserve repeatedly raises rates, as it’s been doing for the past two years, the normally upward-sloping yield curve may flatten out or even invert,” explains Kathy Jones, chief fixed income strategist at the Schwab Center for Financial Research. “And that makes many people nervous, because an inverted yield curve has preceded every modern recession.” Read more…
A Strong U.S. Economy Will Boost Global Growth In 2019 — According to the International Monetary Fund, the global economy is on track to grow a healthy 3.7 percent in 2018. That’s exactly how fast it grew in 2017. The IMF’s forecast for 2019? Read more…
2018 Financial Gift-Giving Guide — Americans spend an average of $1,000 during the gift-giving season, according to the National Retail Federation. While there’s nothing wrong with the proverbial tie or toy, there are also financial gifts that can literally keep on giving in the form of stocks, bonds, books, cash, college savings accounts and even real estate. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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