Daily Archives: April 11, 2023

Worst of stock market losses come during recessions and rate cuts

A negative US 10-year minus 3-month yield spread has signalled every incoming recession of the last 60 years (grey bars below courtesy of Charlie Bilello). The current reading, at -1.67%, is the most negative ever recorded. Still, bullish hopes spring … Continue reading

Posted in Main Page | Comments Off on Worst of stock market losses come during recessions and rate cuts