Campbell Harvey

Author Archive

  • Mar 14, 2024
    The yield curve is inverted, implying an imminent recession, but the stock market is at or near record highs. What can we make of these contradictory signals?
  • Feb 8, 2024
    With the economy likely to slow near term, excess labor demand, a sound housing market and risk impacts from an inverted yield curve should dampen any recession. Moreover, Fed rate...