Trouble With The Curve? Yield Curve Flattens Most Since 2007 While Goldman Turns Bearish On Stocks
On Tuesday, equity markets stumbled after a firm CPI print and upbeat commentary from the San Francisco Fed’s John Williams and Atlanta Fed President Dennis Lockhart seemed to suggest that a June rate hike might still be a possibility. The triple digit decline on the Dow represented a return to a perverse dynamic created by…