10-11-19: Yield Curve 'Father' Says Now Is Time To Prepare For Recession

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Manage episode 244276588 series 2484320
By KPP Financial Inc., Steve Peasley, Justin Klein | Wealth Manager, and Investment Advisor | Host. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

The 3-month Treasury has been in an inverted yield curve since May, and one opinion argues that assets can be better managed when the economy is booming.

Today's Stocks & Topics: HABT - Habit Restaurants Inc. Cl A, Treasury Debt, Where Do Your Paycheck Go?, Annuities, CBLK - Carbon Black, Inc., VMW - VMware Inc., MO - Altria Group Inc.

Plus: Key Benchmark Numbers and Market Comments for: Gold, Oil, Gasoline, Treasury Yields, 30-yr fixed mortgage rate, Consumer Sentiment Index; TRIVIA QUESTION: "Over the 119 years since the beginning of the 20th century (which was 1900), what percentage of that time has the U.S. been IN A RECESSION?"

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