DUDLEY SAYS “HARD LANDING INEVITABLE,” BIG MARKET MOVES ON UKRAINE TALKS
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Hard Landing And Big Market Moves
Please click here for a chart of the yield curve.
Note the following:
- The chart shows that the yield curve is close to inversion.
- The yield curve is the gold standard for predicting recessions.
- Opinions are a dime a dozen. We have always encouraged you to pay more attention to the hard data and less attention to opinions. There are exceptions – when Bill Dudley speaks, you should listen. Bill Dudley is the former president of the New York Fed and an extremely intelligent person.
March 29, 2022