Spotting a recession & Equity market updates Sep 30, 2019 How to spot a recession and what’s next for equities? By Blu Putnam, Chief Economist & Erik Norland, Senior Economist, CME Group How to spot a recession No US recession in sight, but bond market is getting worried Inverted yield curve could forerun a recession by up to two years In that time, rate cuts could steepen yield curve, avert a recession An unexpected jump in high-yield debt interest rates could be worrisome Watch video Equities: Signs of a late-stage bull market Is the equity bull market that began in March 2009 in its last stage? Stocks have been rising even as corporate earnings stagnate Large-cap stocks have been outperforming, especially the last two years High-yield credit spreads rising to 6-7% over Treasuries could be a red flag Read article SEE MORE ANNOUNCEMENTS
