As Bob says, it’s been a very “interesting” year, but through it all, the stock market continues to perform. Yet, too many Americans are missing out on the record rally in stocks because they can’t tune out the noise coming from news and politics. Andy repeats that it’s never too late to get in the market and emphasizes the importance of looking forward, not back. Also, author and financial expert Deacon Hayes sits down to explain how you CAN retire early!
The following chart displays the historical yield of a 10-year Treasury minus the yield of a 2-year Treasury. When this difference turns negative (10-year yield < 2-year yield), the yield curve is said to be “inverted.” As you can see below, this yield curve has historically inverted a couple of years ahead of recessions (indicated by gray areas).