Barry Bannister, Stifel's head of institutional equity strategy, says a market indicator with a flawless track record for 50 years is telling him that the US is months away from a stock plunge and recession. For Bannister, that settles a debate over the recent yield curve inversion and whether it's really telling investors that a recession is on the way. He says that stock valuations are very high, and it's possible the S&P 500 index will return roughly 0% over the next five years. Click...
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