Listen, I’m not the kind of guy to say, “I told you so,” but if I was, I’d sure be saying it now.
That’s because I told you a few weeks ago that the former unicorn known as Lyft Inc. (Nasdaq:LYFT) would crash and burn on its IPO.
And that’s exactly what it did.
Only, it’s worse than the press is making it out to be.
Here’s how Lyft, a distant cousin of Icarus, flew too close to the sun…
Talking about the yield curve is usually a turn-off for most investors.
That’s because the relationship between any two bills, notes, or bonds that make up the yield curve is wonky at best, and only interesting to bond traders who calculate things in basis points.
But, suddenly, everyone’s talking about the yield curve, the inversion of a part of the curve.
Here’s what the fuss is about, how listening to it is a waste of time, and what it means for stocks…