Woodford’s fall shows that investment genius rarely last

Woodford’s fall shows that investment genius rarely last

The fall of another another stock picking “genius”. Article notes failure of regulators and so called experts like Hargreaves which trumpeted his funds to the very end. And by the way, Woodford’s prior employer settled a lawsuit related to exceeding risk limits in his funds. Didn’t matter to the regulators or the evangelists like Hargreaves …

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Yield curve is no longer a reliable recession predictor: Wells Fargo

Yield curve is no longer a reliable recession predictor: Wells Fargo

I disagree somewhat. For example the 2 year is simply the 1 year spot rate (ie “fedzone”) and the 1 year, 1 year forward (ie future fedzone). I don’t think you can so neatly bifurcate the Tsy curve. https://www.cnbc.com/2019/05/31/yield-curve-is-no-longer-a-reliable-recession-predictor-wells-fargo.html