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Politics : The Donald Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (31928)8/27/2019 4:17:53 PM
From: RetiredNow  Read Replies (1) | Respond to of 73914
 
yes, I still think so. In fact, my conviction is increasing that we are headed for a recession imminently and a hard stock crash. The 3 mos (1.96%) vs 30 yr (1.95%) Treasury yields just inverted for the first time, since I started looking for indications of the end of the business cycle and started monitoring the slow crash train wreck of the yield curve in summer of 2017. Now we have FULL yield curve inversion. This metric has a 100% track record of predicting recession in the subsequent 6 months.

bloomberg.com

Put your seatbelt on.