Is our economy heading for a “soft landing”? Or will we have a more serious recession? As second quarter earnings reports are released, Schwab’s chief strategists tell us which numbers to watch. The yield curve is predicting what lies ahead. Fuqua Business School professor Campbell Harvey explains how to interpret the current inversion. Despite expectations, successful investing may not lead to happiness. Those who are both successful and happy have ten key characteristics, as Dr. Travis Bradberry writes for TalentSmartEQ.
Schwab Market Perspective: Crossroads — Second-quarter earnings season begins soon, potentially providing clues about the strength of the economy and how well companies are positioned to deal with it. July developments around the Nord Stream pipeline may tell us more about Europe’s access to natural gas later this year. And while another interest rate increase is expected at the Federal Reserve’s July 26-27 meeting, markets are looking forward to hearing what Fed Chair Jerome Powell has to say about the economy. Read more…
It’s Official: The Yield Curve Is Triggered — June 30 marked the day where the yield curve was inverted for a full quarter — triggering a recession forecast. Duke finance professor Campbell Harvey discusses how he links yield curve inversions (rare situations when short-term interest rates exceed long-term rates) to recessions. Read more…
10 Things Successful People (Who Are Actually Happy) Do Differently — Achievement rarely produces the sense of lasting happiness that you think it will. Once you finally accomplish the goal you’ve been chasing, two new goals tend to pop up unexpectedly. But it is possible to be both successful and happy, as Dr. Travis Bradberry explains. Read more…
John R. Day, Bill Ennis, and Matt Heller