As the stock market implodes, the general public began looking for answers online. One of the most searched for terms on Google was “yield curve inversion,” a data point that investors use to predict recessions.
Our CIO Benjamin Lau explains what’s fueling this negative sentiment in an article reported by Bloomberg. Here is an excerpt:
“It tells us that the economy is weaker, decelerating faster than what people would have thought six or nine months ago when we
hit the market top and the market started rolling over,” Lau said.
You can read the full article here.