19-04-06 M4No21

19-04-06 M4No21

The phrase on everyone's lips at the moment is 'Yield Curve' - largely for its supposedly unerring ability to predict a recession if not, as its most extreme devotees seem to imply, actually to cause one.
But is that a valid interpretation of what is afoot in financial markets and does that jibe with how the real economy is developing?
FInd out what we think about the matter. You may be surprised...

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Cantillon Consulting

April 05, 2019
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