19-08-2019 14:00 via sltrib.com

Letter: An economic storm warning has sounded

The other day the stock market dropped 800 points as investors fled stocks for the safety of bonds. The high demand for long term bonds resulted in an inverted yield curve for short and long term bonds.Every recession since 1955 was preceded by an inverted yield curve on bonds. Donald. Trump is still touting his strong economy, even though growth has slowed to 2.1% in the second quarter.Despite the corporate tax cut, real wages are only slightly higher than 10 years ago. Instead of stimulating s
Read more »