Economy

The drivers of market mayhem

 The inverted yield curve is to economists what Voldemort was to Harry Potter - the dark lord whose name should never be mentioned.

In the past it's been taken as a portent of recession. The last occurrence was in 2007, and what followed a year or so later was the global financial crisis, and the worst economic slowdown

TO READ THE FULL STORY ON NEWSROOM PRO

SUBSCRIBE TO PRO

Subscribe now to start a free trial of Newsroom Pro for 28 days.

View our subscription options

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS