Yield Curveball: 2 Defensive Stocks For A Potential Recession
Post(POST) Seeking Alpha·2024-09-11 20:00
Benjamin Clapp/iStock via Getty Images Disinverting Yield Curve: The Calm Before the Storm? In anticipation of the likely interest rate cuts next week, investors are adrift in a sea of uncertainty as markets have slipped on the back of ambiguous economic data. The August jobs report released last Friday showed a decrease in the overall unemployment rate, albeit only marginal, and contributed to the Nasdaq and S&P 500 posting their worst weeks since 2022 and 2023, respectively. Markets bounced back Monday mo ...