InvestorsHub Logo


Followers 62
Posts 7863
Boards Moderated 0
Alias Born 12/14/2004


Re: RCKS post# 5183

Tuesday, 07/11/2023 11:25:34 PM

Tuesday, July 11, 2023 11:25:34 PM

Post# of 5519
Been waiting for our Inverted yield curve ...

to produce what it's famous for -- being a reputable forward indicator of a significant stock market decline. The current inverted yield curve is a whopper but nothing's happened ... yet.

The tone of the news I've been reading is changing: Just read, "Expectations are for earnings to decline for a third straight quarter. Consensus estimates project a decline of about 7% in earnings per share among S&P 500 companies compared to the same quarter last year, which would mark the steepest decline since 2020, per UBS."

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.