I was quoted again in U.S. News and World Report, this time talking about the inverted yield curve and what that means for the stock market. This is the same information that was contained in my last newsletter; however, if you want to read the entire article you can click the logo or the link below.
Here is my quote from the article:
Though a recession is likely if the curve inverts, this is not necessarily a bad time for investors, says Craig Thompson, president of Asset Solutions in Lafayette, Louisiana.
“The yield curve has not inverted yet and even when it does the lead time for a stock market peak can be considerable,” Thompson says. “Yet, it is something to monitor given we are at the end of the current period of economic expansion. So, yes, we are in a bull market and should be invested in stocks. However, the bull market will not last forever and we are probably at the tail end.”
Craig Thompson, ChFC
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