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.

Tom Essaye Quoted in CNBC on June 2, 2022

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

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