Financial Advisor wrote:
Ghost of Igloi wrote:
Recessions are determined after the fact, a non-retired and other than mediocre one would know that. Besides my comment has nothing to do with recessions, rather your ridiculous advice.
Punt it is then, accompanied by the usual insults. No surprise. At least one of us can make an accurate prediction.
BOAML: “For the ten [2/10] inversions back to 1956, the S&P 500 topped out within approximately three months of the inversion six times (1956, 1959, 1965, 1973, 1980, and 2000). The S&P 500 took 11 to 22 months to peak after the other four inversions (1967, 1978, 1989, and 2005).”
Of course the Fed has been influencing the bond market for decades. So I would expect their ability to influence markets is less powerful via the starting point and a bloated balance sheet.