US yield curve is still inverted, still worrying investors
“The yield curve, which shows interest rates on bonds of varying maturities, has now been inverted for a full month, cementing a dour outlook for the US economy, and the extent of the inversion deepened on Wednesday as markets digested a new round of weak economic data.”
USAGOLD note: The longer it persists the greater the damage to market sentiment, although at this juncture the stock market remains oblivious. . . .
Repost from 7-4-2019