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 Table

What’s in Today’s Report: August Market Multiple Table, Growth and Inflation – Which one falls faster? (It’s an important question)

Tom Essaye Quoted in Barron’s on August 9th, 2022

For oil’s drop, it’s mostly a demand story. If you see oil move into the high to mid 70s, people are going rethink the idea…Essaye said.

Tom Essaye Quoted in Yahoo on August 8th, 2022

The economy still has to digest all this tightening, and…wrote Tom Essaye, a former Merrill Lynch trader who founded The Sevens Report.

Tom Essaye Quoted in CNBC on August 8th, 2022

The market has rallied hard on the idea of a Fed pivot. Friday’s jobs report didn’t support that hope and, if anything…Essaye wrote.

Market Set Up Into Today’s CPI Report

What’s in Today’s Report: Market set up into today’s CPI report, Are semiconductor stocks forecasting the slowdown? And more…

CPI Preview: Good, Bad and Ugly

What’s in Today’s Report: CPI Preview: Good, Bad, and Ugly, Slightly lower futures due to tech stock weakness, and more…