In an increasingly data-driven world, the investment team at Legacy realized that, through charts and graphs, we would be able to convey information more quickly and effectively. Charts also allow us to share larger sets of data with our audience, display trends and changes over time, and convey relationships between multiple data sets.
Because of these reasons, Gregory S. Hansen, Legacy’s Managing Director of Trust Investments, and Connor R. O’Brien, Trust Investment Officer at Legacy, developed our popular “Chart Check” series. We publish timely economic content in an easy-to-understand visual format several times a month and provide a brief explanation of the data.
Remember to visit our Chart Check page at https://www.lptrust.com/blog/category/chart-check/ or connect with us on social media to ensure you always see the most recent information.
If you are a Legacy client and have questions, please do not hesitate to contact your Legacy advisor. If you are not a Legacy client and are interested in learning more about our approach to personalized wealth management, please contact us at 920.967.5020 or firstname.lastname@example.org.
Chart Check: U.S. Treasury Yield Curve Inversion
While there is a lot of focus on the 10-2 Year treasury curve, the 10 Year-3 Month spread has historically had a better track record of forecasting recessions. In fact, the last 7 recessions all saw the 10Y-3M curve invert before a recession began. Not only has this spread not gone negative, but it has also reversed course and begun to steepen.