Rieder: Yield Curve Isn't a Great Recession Indicator

Rick Rieder, BlackRock managing director for global fixed income, says the yield curve isn't a great recession indictor. He's on "Bloomberg ETF IQ."
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[@Erikkurilla01]

Rather than attempting to predict future recessions and risking financial losses, a more effective strategy is to build a well-diversified portfolio that can withstand various market conditions. This approach has allowed some individuals to consistently generate substantial returns, averaging around 150K every quarter as reported by Bloomberg.

[@jessicasquire]

That’s crazy, I’m just doing everything wrong with my portfolio

[@Lemariecooper]

I understand your concerns, my friend. I recommend exploring passive index fund investing and expanding your knowledge in this area. Personally, I experienced both successes and challenges when initially seeking a reliable passive income. To navigate this, I sought the guidance of an expert advisor, and by following their advice, I invested $30k in value stocks and digital assets. As a result, I've seen a significant increase of $200k in my portfolio, and I feel prepared for whatever lies ahead.

[@jessicasquire]

@@Lemariecooper That's truly remarkable! I would greatly appreciate if you could share some information about your financial advisor. I'm also interested in making positive changes to my finances this year, so any insights would be highly valuable to me.

[@Lemariecooper]

@@jessicasquire Certainly, you can utilize a search engine to search for STEPHANIE KOPP MEEKS . However, I'm unsure if I should delve into this topic. Back in 2020, she garnered considerable attention. She currently oversees my portfolio and acts as my mentor.

[@jessicasquire]

@@Lemariecooper After conducting an online search for STEPHANIE KOPP MEEKS and thoroughly reviewing her credentials, I found her to be highly skilled and competent. Impressed by her expertise, I reached out to her, providing a comprehensive description of my financial market objectives.

[@swedesam]

Sounds like a "stay calm" and don't sell before we sell moment.

[@bytemuncher1]

Exactly. Don't sell before the big rug pull.

[@wuhgees]

The Inverted yield curve has accurately foreshadowed all 10 recessions since 1955. Apparently it isn't a great recession indicator..

[@Lhunter1911]

Exactly…When they start talking like this, you already know that it’s some B.S. All these people are up here stringing this along until they are forced to tell the truth.🤷🏾‍♂️

[@oppenheim2]

We are having rolling recessions, followed by rolling expansions, so, a total recession need not happen, but if it does it need not be a big one. Of course an unexpected major event could change things.

[@tommyanytime]

What he's saying is that there's always clouds before it rains. Doesn't mean that there's always rain when there's clouds. It's a pretty simple thing to understand. He even says "predicted 9 of the last 3 recessions"

[@ssuwandi3240]

He got none of comparable assessments out of those false 6 times though..

[@allee1781]

Man is flat out wrong, the yield curve has only had 1 misreading in like the last 9 inversions

[@xxyyzz8464]

What’s next? Smoke is not a good indicator of fire? If it walks like a duck and quacks like a duck, it’s highly unlikely to be a duck?

[@northharriscollege]

They say that every time and wrong every time. Recessions is definitely coming

[@ivayloivanov8153]

The US economy is not longer sensitive to interest rates? This will age very poorly.

[@AJ-iu6nw]

hes saying it on purpose

[@erlinghaaland5716]

Some of the other things he did say did make sense, tho, the one regarding sentiment surveys

[@glowwurm9365]

Yeah and Santa isn't a great indicator that its Christmas!

[@BrandonClark-StocksPassports]

Thank god finally somebody recognizes that

[@BubbaBlackmon]

Watch the Ken Fisher video where he explains that the inverted yield curve is only indicative of recession if it causes bank lending to fall. Bank lending is currently 12% higher than a year ago so the recession is not near. Yes we will have one sometime , but not soon.

[@DesmondMiles333]

And yk why the bank lending is up ? Because the bank curve is not even inverted. Short term rates where JPM gives to depositors is still below than the long term rates which it lends. The banks are still making tons of money.

[@oppenheim2]

Yep, I’m buying T-Bills now. My stock portfolio are all dividend growth stocks and it’s large enough, so, the sweet spot now is T-Bills at 5%+, plus interest exempt from state taxes.

[@Anthony-dj4nd]

Going to be a depression!😂☠️

[@kerri648]

9 out of 3 recessions ? lol ...clesrly didnt have coffee today and just woke up (messy hair)

[@frido_lino]

you just don t understand what he means by that. He said it had been wrong more often that it has been right, that s why 9 out or 3.. it missed it 6 times

[@kerri648]

@@frido_lino ya I get that ..but bad communicator ...noticed he said it was a good indicator then not ? lmao and, no, it hasn't been more wrong than not

[@przemysawsroka9269]

He knows shit is about to hit the fan😂

[@petenrita]

Journalists: for God’s sakes, quit cutting off the experts!!! Jr Jesus H C!!

[@waynesnelling8259]

hmmm... I feel like ive heard this before.

[@johnchen0213]

He said it had been a indicator, then said it's not a good indicator😂

[@Lhunter1911]

Double talking lol

[@PeachGardenOath]

What is the name of the female anchor?

[@derkogen3290]

lol

[@headspaceandtiming2114]

What has been fixed with our economies fiscal situation? What is being done to correct our direction? Spending our way out of this? $31 trillion national debt to finance. Increasing personal debt. Are we almost out of the hole we dug? Doesn’t seem like it. It seems like a free fall. I don’t know. I’m following my parents plan, low personal debt a mortgage at most, rainy day savings so no sudden CC bills and a marketable profession. By the way. Never have CC debt.

[@kasRose311]

The S&P 500 looks too close to the psychology chart for me to risk it!

[@ignaoriginals4554]

Ah he is from blackrock, that adds up

[@Dietron11]

Translation: keep buying into our massive short position 😊

[@mfer134]

US20Y at 4.1% seems like a good buy if you ask me. Sell it in 2024 for big $$$. Or just buy TLT. Is the economy sustainable at such high rates? hmm. No. lol.. Not even close.

[@freestylefranc2653]

Bull market indicators 🙃📉

[@justasmackevicius2940]

lol