Ep 2 | Bill Housey | Is The Inverted Yield Curve A Broken Signal Or Is A Recession Still Coming? And What Does That Mean For Fixed Income?

Content provided by First Trust Portfolios. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by First Trust Portfolios or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

First Trust ROI Podcast « »
Ep 2 | Bill Housey | Is the Inverted Yield Curve a Broken Signal or Is a Recession Still Coming? And What Does that Mean For Fixed Income? | ROI Podcast

2y ago 28:40

MP3•Episode home

Historically, an inverted yield curve has often preceded economic recessions, and many investment professionals view the current inversion as a troubling sign for what may lie ahead for the US economy. However, the 10-year US Treasury yield has been lower than the 2-year US Treasury yield for over a year, and a recession has (apparently) not yet begun. In this episode of the ROI podcast, Ryan and Bill Housey discuss:

Is the inverted US Treasury yield curve a broken signal today or is a recession still coming?
Are investors too optimistic about “soft landing” (or “no landing”) scenarios for the US economy?
What’s lies ahead for Fed policy?
How should investment professionals think about risk and positioning fixed income portfolios for what lies ahead?

Read the latest Housey's Income Insights Newsletter
Follow on 'X' @BillHousey
Connect on LinkedIn

----------------------------------------------------------------------------------------------
Subscribe Here to the ROI Podcast & other First Trust Market News
Website: First Trust Portfolios
Connect with us on LinkedIn: First Trust LinkedIn
Follow us on X: First Trust on X
Subscribe to the First Trust YouTube Channel
Subscribe to the ROI Podcast YouTube Channel

Chapters

1. Introduction and Shackleton Story (00:00:00)

2. Bill Housey's Background and Role at First Trust (00:03:10)

3. Top Question from Financial Professionals: Are We Heading into a Recession? (00:04:21)

4. Interpreting the Yield Curve: A Broken Signal or Recession Indicator? (00:06:08)

5. How Long Does It Take for a Yield Curve Inversion to Predict a Recession? (00:09:54)

6. Is the Yield Curve Inversion Different Post-COVID? (00:11:04)

7. The Impact of Money Supply and Aggressive Fed Policy (00:13:48)

8. Fed's Rate Hikes and Future Outlook (00:16:38)

9. Does Politics Influence Fed Decisions? (00:18:38)

10. How the Macro Discussion Affects Portfolio Management (00:20:00)

11. Positioning Fixed Income Portfolios in the Current Market Environment (00:22:45)

12. Reinvestment Risk and Fixed Income Strategy (00:26:07)

13. Conclusion (00:28:10)

47 episodes

#Trading #Business #First Trust Portfolios #Finance #Investing #Economy #Politics #Service #Wealth Management