Campbell Harvey discovered the link between the yield curve and future economic growth
Jul 10, 2018

Professor Campbell Harvey discovered recession predictor in 1986

The yield curve is making headlines as a possible predictor of recession. The New York Times  called it the “new fear gauge.” The gap between the 10-year yield and the two-year yield is at its lowest in 11 years, which the Wall Street Journal called a “red flag.” The yield curve is the difference between interest rates on short-... read more