Excerpt from Vox quoting DataTrek’s Nick Colas:
…. “All year, there’s been this nonstop search for the thing that would bring this cycle to an end,” Nick Colas, the co-founder of the market insight firm Datatrek Research, told me. “For a while, the market was able to shrug it off, but the last couple of months have made people feel like, yeah, this is the end”….
….”The yield curve isn’t inverted now, but it has flattened. “The first step to inversion is flat,” Colas said, “and no one wants to wait around for it to invert”….
Read the full article here on Vox!