The Financial Outlook for Personal Investors: Are recession indicators flashing red?
The Financial Outlook for Personal Investors
While many nervously watch the US yield curve, which briefly reversed recently, Russ Mould of A J Bell thinks investors should also pay attention to transportation indicators such as the Dow Transportation Index. He believes the market is better at predicting recessions than economists. Explaining why the yield curve is important and why he thinks stagflation is on the cards, he believes investors should fight shy of bonds and growth stocks and lean towards raw materials and real assets.