AP Photo/Seth Wenig Experts reacted to news that President Donald Trump’s longtime lawyer Michael Cohen was breaking up with his legal team. They explained what rationale could be behind the surprise parting of ways, and if the split means it is more likely Cohen will soon agree to cooperate with prosecutors. Cohen is under criminal […]
Tag: signaling
China’s bond market could be signaling a further economic slowdown
GOH CHAI HIN / AFP / Getty Images In the bond market, an inverted yield curve has often predicted recession in developed economies. So what does the recent inversion of the yield curve in China say about the country’s economic outlook? Since 2005, the yield on the 10-year Chinese government bond (CGB) has exceeded the […]
A predictor with a perfect track record on the American economy is moving closer to signaling a recession
A key predictor of the health of the American economy is inching closer to signaling a recession. The indicator in question is the US Treasury yield curve, a measure of the gap between short- and long-term interest rates. When it is steep — meaning it costs more to borrow money for the long term — […]
