As part of Merk's in-house research we regularly evaluate a consistent set of charts covering the economy, equities, fixed income, commodities and currencies. The aim is to keep our eyes open and to look through the noise of the headlines, avoiding the distractions of sensationalized click-bait. In sharing this content, we offer a cross-check to your own thinking and aim to add value to your own process.
Today's topic: the U.S. Business Cycle
"...historically [yield spreads] have had a tendency to rise substantially shortly after yield curve inversion..."
We invite you to download a copy of the chart book (PDF); or to view the video: