MFA Musings: 2/25/19
This week is looking like a darn good week. Why am I so excited? To start with, this is the last week of February. I can feel the warmth of April just around the corner (yes, I am skipping March). This is great news since we left a polar vortex, and we are now in a bomb cyclone. I need to become a meteorologist, as I love the creativity of the names. Think spring.
There is a lot of speculation about the forward trajectory of the economy. Everything is dependent on data and results, and while there is a lot of positive news, there is almost an equal amount of negative news. As far as we can see (over the next 12 months), we see a flat yield curve with little change.
The yield curve is still inverted, with the 1-year US Treasury yielding more than the 2, 3, and 5-year US Treasury yields. This is an inversion, but it is not the “official” inversion of the 3-month US Treasury to the 10-year US Treasury.
Contact your MFA advisor to discuss ways to grow profitability in this volatile market. All of us at McQueen Financial are dedicated to your long-term success.