WTFinancial
Financial
What the Yield Curve Is Actually Telling Us This Time
The curve has un-inverted, and the usual playbook for reading that signal may not apply in this cycle.
Marcus Whitfield
Markets, economics, and the money behind the news.
The curve has un-inverted, and the usual playbook for reading that signal may not apply in this cycle.
Banks are retreating from mid-market lending, and a fast-growing shadow banking sector is filling the gap on its own terms.