Press Room

Morning Comment

August 23, 2019 Stocks finished mixed yesterday, a day when the yield curve briefly inverted once again.

More about that in a moment. Traders were anxiously awaiting Fed Chair Jerome Powell’s speech this morning that may help to clarify the Fed’s near-term and long-term strategy. Yesterday’s yield curve inversion was very different than the one last week. But first the similarities. Both were extraordinarily brief; just a few minutes. And both were […]

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