Inverted Yield Curve Not Necessarily Recession Indicator

Jim Lowell, chief investment officer at Adviser Investments, joined CNBC to discuss last Friday’s brief inversion of the yield spread between 3-month and 10-year Treasury bonds. Jim noted although markets responded with across-the-board losses for all major U.S. indexes on Monday, the inverted yield curve is not necessarily predictive of a recession. He also addressed a host of variables that include Brexit, trade discussions with China, interest-rate action and Mueller investigation fallout.