(Source: "Market's Favorite Recession Indicator Lurches Lower in New Year")
The investment world and the financial medias are abuzz with the USD yield curve and its growing flattening/inversion, and for good reasons. Here is why the inversion is so important - it augurs glooming times.
Portfolio modeling and selection of the best predictors
Any investment decision should be grounded in solid market or economic information, not in the investor’s last emotion. This is true no matter which investment segment the portfolio manager is in.
In global macro / asset allocation, CIOs use econometric