4min chapter

Forward Guidance cover image

Liquidity Has “Dried Up,” Says $100 Billion Investor | Jeffrey Sherman

Forward Guidance

CHAPTER

The Bond Market Is Telling Us Something

Geffrey Orr: The bond market can snuff out a future economic conditions. He says when the yeel curve inverts, that's a sign that a recession is on the horizon. When two tins go positive, that's not a good sign; historically it's bad sign where you're mired in the recession. But i do take credence and I think the bond markets are better than any others," he said.

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