Has The Plunge Begun?

It was one of the key early warning events that took place ahead of previous major bull market peaks. And despite the continued resilience of stock prices and proclamations of new all-time highs on some of the benchmark indices as recently as Thursday, we have seen some notable splashes on this front in recent weeks. It is the flattening of the yield curve toward inversion. And it is worthwhile to consider the following: has the long-anticipated plunge in the yield curve finally begun?

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