Morgan Stanley says a dreaded recession indicator is coming within the next year and has a game plan to help investors get ready
|07/15/2018||Posted by BusinessMediaguide.Com under General World News||
- A team of strategists at Morgan Stanley forecasts the yield curve will invert by mid-2019.
- They see the Federal Reserve announcing plans to end its balance-sheet contraction sooner than investors expect, which should support Treasurys and push longer-dated bond yields below shorter-dated ones.
- They recommended investors overweight Treasurys.
- A yield curve inversion has preceded every recession since the 1960s, but many investors aren’t worrying about this pattern yet.
A classic indicator of an economic recession will show up within the next year, according to a team of strategists at Morgan Stanley.
In a note Thursday, they forecast the yield curve, which read more >>>