In March 2021, I wrote this newsletter which studied what happened to the S&P 500 after the yield curve inverted. https://mailchi.mp/karriasset/quadrupling-yields-increases-equities-risk-2 In short, the S&P 500 rallied for 15-20 months after than inversion but I think the added weight to an advance in the equities market is summarised in the last paragraph of that newsleter. … Continue reading Being ahead of the ‘curve’