Wealth! recently invited Morgan Stanley Investment Management Managing Director and Senior Portfolio Manager Andrew Slimmon to discuss the Federal Reserve’s decision to keep interest rates unchanged. Slimmon shared his expertise and explained that while keeping rates steady for too long could potentially weaken the economy, a clear indication of economic weakness has not yet been observed.
Slimmon suggests that one way to monitor the economy’s health is by tracking the two-year yield, particularly in relation to the ten-year yield. An inverted yield curve, where the two-year yield is higher than the ten-year yield, could signal potential economic weakness.
For more insights and updates on investing and wealth management, viewers can tune in to Wealth! and gain expert perspectives from financial professionals like Slimmon. Stay informed about market trends and opportunities by watching Wealth! for valuable information on investing and wealth management.
