The spread between 10 year US bonds and 2 year US bonds is currently at 5 year lows and will likely go negative post the fed rate hike next week. This would most likely cause the US yield curve to eventually invert and is a harbinger of a decelerating/recessionary economy going forward. Will tax cuts save the day? I doubt it.
Blackstone (NYSE:BX) Announces Quarterly Earnings Results, Misses
Expectations By $0.02 EPS
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Blackstone (NYSE:BX – Get Free Report) announced its quarterly earnings
data on Thursday. The asset manager reported $0.98 EPS for the quarter,
missing the...
35 minutes ago