The talking heads on mainstream media would have you believe an inverted yield curve is a death-kiss for the stock market. But this is the most bullish thing that could happen to stocks right now.

Words sometimes lose their meaning over time. This happened to the word “disinterested.” It originally meant “to be objective, not influenced by personal interest,” as in the sentence: The judge ...

A version of this article first appeared in Total Derivatives. Total Derivatives is the prime source of real-time news and analysis of the global fixed income derivatives markets. Authors: ...