Episode #161: The Yield Curve is Inverted.... Should We Sell Stocks?

An inverted yield curve is an indicator of the possibility of a future recession, and also creates implications for investors and market participants. Currently, the U.S. government is in a sudden, and steeply inverted yield curve environment. In this week's episode of Grow Money Business, Grant discusses the yield curve, how it predicts a future recession, the market impact of long-term debt, and more.

Show Notes

[02.22] Yield curve – Grant starts off the conversation by explaining what the yield curve is and how it works.

[08.35] Investment risks – Grant dives into different risks with investing in U.S. government bonds.

[10.37] Predicting the future – Grant shares the recession prediction due to the higher rate of short-term debt.

[11.36] Inverted yield curve – Grant shares the percentages of short and long-term debt rates.

[15.46] Research – Grant dives into the research details of Fama and Kenneth in 2019 about 'Inverted Yield Curves and Expected Stock Returns.'

[22.00] Investing long-term – Grant shares how investing in the long-term solves many problems and will lead investors to the best outcomes.

Resources

Inverted Yield Curves and Expected Stock Returns –

famafrench.dimensional.com/media/467645/inverted-yield-curves-and-expected-stock-returns-july-28-2019.pdf

Yield Curve Inversion Reaches New Extremes –

wsj.com/articles/yield-curve-inversion-reaches-new-extremes-11669687278

Explainer: U.S. yield curve inversion - What is it telling us? –

reuters.com/business/finance/us-yield-curve-inversion-what-is-it-telling-us-2022-03-29/