1st Global’s Jennifer Hutchins Quoted in Forbes Article

1st Global portfolio manager Jennifer Hutchins was quoted in the Forbes article “Does An Inverted Yield Curve Always Predict A Recession?"

 “The yield curve inverted in February 2006, well before the down market swing in October 2007. If investors had pulled out of the market in February 2006, they would have missed out on approximately a 12% gain posted by the S&P 500 over the next 12 months. In fact, if investors had pulled out prior to October 14, 2007, they would have missed out on a cumulative 25% gain in the S&P from March 1, 2006 thru October 14, 2007.”

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