The Barrett Brief – Hurricane Dorian Grows as the Yield Curve Inverts

today08/28/2019 7

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Hurricane Dorian Grows as the Yield Curve Inverts

Here is what is happening today in the Brief. First, a key yield curve inverts to the worst level since 2007. CNBC is reporting Long-term Treasury rates added to their monthlong slide Tuesday. Henceforth, aggravating a key yield curve inversion and sending it to its lowest level against the 2-year rate since 2007. 

Second, DHS to transfer $217 million from unused funds to border needs. Without delay, the legacy media has rushed to connect this to the potential storm that may hit Puerto Rico. This narrative is demonstrated with the headline from titled “As Puerto Rico Braces For Storm, DHS, FEMA To Move $271 Million To Border Operations“.

Third, a poll from Morning Consult shows that 51% of Avid Sports Watchers Would Ditch Cable for Disney+. One analyst says this is part of a ‘natural’ process that began with transition from free-to-air to pay TV.  In due time, 51% of adults who watch sports at least a few times a week said they would be more likely to cancel cable if they could access live sporting events through the Disney+ bundle.

Also, CNN is telling you to expect at ‘Polar Coaster‘ this winter. According to Farmers’ Almanac, “This winter will be filled with so many ups and downs on the thermometer, it may remind you of a ‘Polar Coaster.'” The Farmers’ Almanac provides 16 months of weather forecasts for seven zones across the US and Canada and has become a closely watched predictor of weather, particularly winter weather.

Don’t forget the world famous “You Gotta Be Kiddin Me“. 

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Written by: LoneRhody

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