Will booming equities sustain economic growth?
- Is the flat yield curve signaling a slowdown in the economy in 2020?
- The yield curve has been wrong before, specifically between 1994 and 1999
- Growth slowed in 1994-95, but rebounded strongly from 1997 to 2000
- Why? Booming equities boosted consumer spending, business investment
For more information on interest rates check out our free Interest Rates and the Economy Guide