History suggests the answer is probably no

History suggests the answer is probably no. More often, the reversal of a yield-curve inversion has signaled that the wheels are about to come off the economy and the stock market with it, according to Tom Essaye, a former Merrill Lynch trader and founder of Sevens Report Research.

Market Multiple Chart

Technical Update: Key Levels to Watch

What’s in Today’s Report: Technical update: Key levels to watch, Value vs. Growth – What do the charts say? And more…

Why Fed Rate Hike Expectations Are Still Rising

What’s in Today’s Report: Why Fed rate hike expectations are still rising, Did yesterday’s economic data signal stagflation?

Disinflation On, Disinflation Off

What’s in Today’s Report: Disinflation on, disinflation off (Scenario table with asset performance guide), Chart – “Another Bull Trap” update.

Economic Breaker Panel: February Update

What’s in Today’s Report: Sevens Report economic breaker panel, January Durable Goods orders takeaways & a breakout in natural gas futures.

Tom Essaye Quoted in Blockworks on February 24th, 2023

To be clear, the report won’t be enough to change the Fed’s thinking (this is very old data at this point) nor was it…Tom Essaye added.

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Tom Essaye Joins BNN Bloomberg to Discus the FAANGs on February 23rd, 2023

Tom Essaye, founder and president of Sevens Report Research, joins BNN Bloomberg to recap earnings from big tech this week.