Stock market often produces strongest returns after yield curve inverts: JPM’s Kolanovic
March 26, 2019 at 14:53 PM EDT
Here’s another reminder that while an inversion of the yield curve is a reliable recession precursor, the signal tends to precede a stock-market rally. In fact, some of the equity market’s strongest returns have come in the months and quarters after the curve inverts, reminds J.P. Morgan quant strategist Marko Kolanovic.
