A man walks by the New York Stock Exchange on August 14. Concerns over a recession have sent stocks plummeting. Photo: AFP
Kerry Craig
Opinion

Opinion

Macroscope by Kerry Craig

The bond market is flashing a recession warning, but that’s no cause for alarm yet

  • Historically, a yield curve inversion precedes a recession. However, following an era of easy money, an inversion might simply signal that markets are expecting loose monetary policy again

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A man walks by the New York Stock Exchange on August 14. Concerns over a recession have sent stocks plummeting. Photo: AFP
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