IS A RECESSION ON THE WAY?

The article discusses the report from the U.S. Treasury Department which shows the downturn of long-term bond yields below short-term yields. It mentions that when the yields on short-term debt exceed those on longer-term bonds, it is said to be inverted which is also considered as a recession indicator based on the policy from the U.S. Federal Reserve. According to chief investment strategist Sam Stovall of research firm CFRA that the longest economic expansion in history will be in July 2019.