This Bear Market Indicator Is Off the Mark
October 20, 2014 at 05:00 AM EDT
Investors are taught that bear markets can't occur unless the Treasury yield curve inverts - that is, unless short-term interest rates are higher than long-term interest rates. And that can only happen if the Federal Reserve raises the Federal Funds rate, which is the short-term rate that the Fed controls. But that measure may be off the mark this time, and here's why... Full Story The post This Bear Market Indicator Is Off the Mark appeared first on Money Morning - Only the News You Can Profit From .