The spread between 10 year US bonds and 2 year US bonds is currently at 5 year lows and will likely go negative post the fed rate hike next week. This would most likely cause the US yield curve to eventually invert and is a harbinger of a decelerating/recessionary economy going forward. Will tax cuts save the day? I doubt it.
1,250 Shares in SPDR Gold Shares (NYSEARCA:GLD) Purchased by Ballast Inc.
-
Ballast Inc. bought a new position in SPDR Gold Shares (NYSEARCA:GLD – Free
Report) during the fourth quarter, according to the company in its most
recent ...
38 minutes ago
No comments:
Post a Comment