Federal Reserve Chairman Jerome Powell's assertion this week that the U.S. economy remains strong is facing a stern test from the bond market.
In fact, government fixed income yields are delivering, by one measure, a possible recession indication that hasn't happened since 2007
"Yield curves are responding to what they see, to what I believe is a global economic slowdown," said Peter Boockvar, chief investment officer at the Bleakley Advisory Group."You don't see this kind of move in curves, not just here but everywhere, unless you get one." Powell said the U.S. economy is"in a good place" though it is facing pressure from slowdowns in Europe and China. He and his colleagues collectively lowered their expectations for GDP growth domestically, now seeing just a 2.1 percent gain in GDP for all of 2019 and 1.9 percent in 2020.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
12 Celebrity Tweets You Missed This WeekCan you believe that website is free?
और पढो »
12 Awesome Celebrity #TBT Photos You Might Have Missed This WeekA yeehaw-rrific photo of a tween Kacey Musgraves kicks off this week's ThrowbackThursday!
और पढो »
Opinion | Trump is losing control: 12 GOP senators defectA dozen Senate Republicans found their spines.
और पढो »
Here Are 12 Cool Celebrity #TBT Photos You Need To See This WeekA yeehaw-rrific photo of a tween Kacey Musgraves kicks off this week's ThrowbackThursday!
और पढो »
12 stunning photos from this week's newsThis week's news included stunning shots from the campaign trail, political unrest, and power blackouts in Venezuela.
और पढो »
This Classroom Quiz Will Separate Millennials From Gen Z'ersThese 12 Classroom Trivia Questions Will Separate The Millennials From The Gen Z'ers
और पढो »
Mike Trout reportedly set to sign record-shattering 12-year, $430 million extension with AngelsMike Trout is set for life.
और पढो »
The 6-11 upset is the new 5-12 upset in the NCAA tournamentThe first-round pairing has produced a number of surprises in recent years. Will that trend continue in 2019?
और पढो »
Mike Trout signs the biggest contract in U.S. sports history — 12 years and $432 millionTrout’s deal with the Los Angeles Angels is worth $100 million more than baseball’s next biggest contract.
और पढो »