The bond markets have sent a recession signal. What should investors do? Patti Domm of CNBC offers analysis on what the newly inverted yield curve means for the markets. In February, The Leading Economic Index increased for the first time since last September. The latest results may not be encouraging for investors, as Jill Mislinski explains. There are 7 money mistakes ordinary investors make that super millionaires never do. Elle Kaplan, founder of LexION Alpha, summarizes what not to do if you want to increase your wealth.
Stocks Typically Outperform For A Long Time Even When The Bond Market Is Flashing The Recession Signal – The signal being sent by the bond market may be scary to some, but stock analysts caution investors not to act too hastily as there are still likely gains ahead even if a recession is on the horizon. The so-called yield curve inversion often occurs well ahead of a recession. After the curve inverts, the worst time for stocks is when it steepens again, the Fed begins to cut interest rates. Read more…
Conference Board Leading Economic Index: “…Expanding in Near-Term” — The Leading Economic Index for the US increased in February for the first time since September of 2018. Despite the latest results, the US LEI’s growth rate has slowed over the past six months, suggesting that while the economy will continue to expand in the near-term, its pace of growth could decelerate by year end. Read more…
7 Money Mistakes Millionaires Like Warren Buffet And Bill Gates Never, Ever Make That Average People Do All The Time — If you want to reach millionaire status, the single most important thing you can do is to learn from the likes of the super wealthy, from Microsoft co-founder Bill Gates to Google’s ex-CEO Eric Schmidt to Berkshire Hathaway CEO Warren Buffett. Elle Kaplan, founder of LexION Alpha, shares some of their financial habits. Read more…
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller
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