JohnKicklighter

Recession Signal Broken by QE-Directed Fed

SP:SPX   S&P 500 Index
218 0 8
The 2-10 spread and equity markets are good leading indicators of a stall in economic activity. Yet, has that signal been broken or delayed by the exceptional monetary policy accommodation by the Fed and global central banks? Are fundamentals that good or is this a distortion hiding underlying conditions.
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