60 >>good evening, i'm wendy davis rob has the night off.
Turbulence in the financial markets is prompting talk of the dreaded r.
Experts say recent bon trends are troubling wfmz jamie stover is here to explain why and talk about what it all means for your money jamie.
>>when he well if you're at home sitting there and thinking i don't know what an inverted yield curve means welcome to the club is actually pretty simple though it basically means you can get the same.
Higher interest rate of a short-term bond and you can on a longer term bomb like 10 years and that case.
It would it pay off the loan your money longer.
>>term structure of interest rate is never good for economy.
>>ap shar is a professor at to sales university that people are willing to lend money to you for 10 years as an or interest rate and for 2 months.
There is something wrong with this historically that portends a recession within the next 2 years.
>>kevin broaches the founder of wealth management to reiterate he says an inverted bond yield curve is not an absolute indication of a looming recession and certainly not an immediate one, but your financial planning strategy should differ slightly depending on where you're at and where life when stocks drop.
>>younger folks that have a long runway.
This is the best thing could have happened to you because it means you can buy more stocks for less.
Morgan and while nothing ever seems certain stocks.
He says this always rings true.
>>the market's always come back.
The most at risk are people who were tire in a recession like all that bad timing.
However, he cautions against selling off all your stocks.
>>you just lock in your losses if you sell your stocks right now.
>>he to just instead getting a little more conservative.
>>perhaps when you were younger you had a 70% stock portfolio maybe you want to back up to a 60% even a little bit less than that take some risk off the table.
>>and to add to that he said some americans may have 30 years of retirement, not is enough time to go through several market crashes and