April, 2019 Newsletter

Friday, April 5, 2019

Growing concerns about a slowdown in global economic growth preoccupied financial markets in March.  The US Federal Reserve now forecasts no rate rises in 2019 instead of the two it previously planned.  US 10-year government bond yields fell below 3-month yields on the news.  This 'inverted' yield curve is viewed by markets as an historical predictor of recessions.


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