The spread between the U.S. 10-year note and 2-year note inverted, a signal investors take as a recession indicator., host of CNBC's "Mad Money," says the U.S. economy is in a good spot to withstand some of the headwinds facing the global economy.
Erin Browne, managing director at Pimco, sees greater chances of a rotation coming to markets in the short term rather than a more severe downturn. Andy Brenner, director at National Alliance Securities, says weakening global economies signaled the inversion.
Jim Cramer “an expert” 🤣😂
That was fast.
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