As I write this, the Dow is down about 450 points. And from what I can tell, people are still framing why the markets continue to slide as being about trade. I don't think trade is the issue at all. It's just an excuse for jitters. This is a market that is worried about the direction of the economy and the Fed's reaction to that direction.
And so, as I start part two of my daily missive, the partial yield curve inversion is top of mind.
Just to remind you where I left off, I had six topics tha...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.