Numerous yield curve inversions are a sign that equities are topping and the S&P 500 could cap at 2,800, according to analysts from Societe Generale.
Numerous yield-curve inversions are a warning sign that equities are in a topping out process, Societe Generale analyst Albert Edwards wrote in a note Thursday. Edwards also said the bond market is sending a clear signal that recession is looming and the Fed should cut rates, Edwards said. Other analysts at Societe Generale say that bonds and equities are not sending conflicting signals, and global slowdown is looming in 2020. View Markets Insider's homepage for more stories.
Numerous yield-curve inversions are a warning sign that equities are in a topping out process, Societe Generale analyst Albert Edwards wrote in a note Thursday. Edwards also said the bond market is sending a clear signal that recession is looming and the Fed should cut rates, Edwards said. Other analysts at Societe Generale say that bonds and equities are not sending conflicting signals, and global slowdown is looming in 2020. View Markets Insider's homepage for more stories.
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