Do Inverted Yield Spreads Really Predict Market Crashes?

Inverted yield spreads are among the most widely-followed indicators for predicting economic recessions. In fact, an inverted yield curve has preceded every US recession since 1955. But how effectively can inverted yield spreads be used to predict stock market declines?  In our latest white paper, Which Leading Indicators Best Predict Market Declines?, we analyzed the … Continued