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 Levels: S&P 500 Chart

What’s in Today’s Report: Market Multiple Levels chart: S&P 500, Lower U.S. futures ahead of ECB meeting, and more…

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Tom Essaye Quoted in Barron’s on June 6, 2022

We need to see more proof those Keys to the Bottom are becoming more likely for stocks…wrote Tom Essaye, founder of Sevens Report Research.

Tom Essaye Quoted in CNBC on June 6, 2022

Since those lows near 3,800 in the S&P 500 there has been real progress: China is reopening…Tom Essaye of the Sevens Report said in a note.

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Market Multiple Table: June Update

What’s in Today’s Report: Market Multiple Table – June update, More hawkish than expected central bank decision, Inflation fears and more…

Tom Essaye Quoted in Courthouse News Service on June 3, 2022

Tom Essaye of the Sevens Report noted that “very strong data would incur more Fed hawkishness while really soft data would spike…

Tom Essaye Quoted in Nasdaq on June 2, 2022

Numbers this strong would likely reverse any hopes the Fed would consider a pause in rate hikes…Tom Essaye of the Sevens Report told CNBC.