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 Barron’s on May 26th, 2022

This two-day rally in the market is mostly built on the premise that the Fed may…wrote Tom Essaye, founder of Sevens Report Research.

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