Okay, maybe I'm getting carried away, but check out this article from MSM business media. The headline pretends this is good news. The reality is that the inversion almost always occurs pre recession, and when the curve returns to normal it usually means the receasion is starting. A casual reader would see the headline as good news. The correct interpretation is cited at the end of the article.
This is hilarious! All my little respect for MSM goes a at with this one!
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Sometimes I wonder if these journalists are doing it on purpose or if it's just a lack of knowledge. Yesterday I posted about a recession-related indicator.
Does the Sahm Rule Point to a U.S. Recession? #670979
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The rubber's about to hit the road for a bunch of divergent predictions.
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Quick question. I just got a notice that my zap to your reply failed. Are you messing with attached wallets on your end, or was this on my end?
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Not really. I have an attached wallet, but zaps are still going to my SN wallet.
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2s/10s are no longer inverted. All the treasuries vs bonds still are.
Who knows? Maybe non yield curve inversion will signal a recession this time.
Back to inverted as I typed this.
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I think USA can export unemployment with tariffs but will come back to bite them in the longer run i think
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But now Janet Y. will have to issue massively more short-dated government bonds to paint a more dramatic recession on the horizon in order to force a much more drastic turnaround in interest rates. I wonder if Jerome would like that?
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