Forbes.com – May 25, 2022
This Forbes article discusses the Federal Reserve, interest rates and the risk of a recession.
In it, David Schneider points out that “An economic downtown is undoubtedly possible. That said, it is worth noting that the yield curve that has the best track record of predicting recessions”
He notes that as of the date of the article, the 10-year Treasury yield minus the 3-month Treasury bill yield remains positive- and that historically, that has put the odds of a recession in the low single digits.
Copyright 2023 - Schneider Wealth Strategies • Cambridge’s Form CRS (Customer Relationship Summary) • Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA / SIPC. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and Schneider Wealth Strategies are not affiliated. This communication is strictly intended for individuals residing in the states of CA, CO, CT, DC, FL, IL, MA, MD, ME, NC, NJ, NY, OH, PA, SC, TX, VA, VT, WI. No offers may be made or accepted from any resident outside the specific states referenced. Powered by Levitate.