Authored by Peter Tchir via,

Today we will focus on yield curve “inversion” (which doesn’t seem to be getting that much attention), “inventories” (which I think pose a threat to any ongoing growth for the economy), and finally we explore that it might be “incongruous” to wish for lower oil prices in the near-term. Incongruous might not be the right word, but it was difficult coming up with three “I” words.


Curves have been flattening/inverting to levels (that are historically important) with less fanfare than I would have expected. Sure, the doomers have latched on to it, but it doesn’t seem to be at the forefront of conversations and has garnered minimal media attention relative to where we are.

The 2-year versus 10-year spread is inverted and while the 3-month versus 10-year spread isn’t inverted, it

Keep reading this article on Zero Hedge - Blog.

Leave a Reply