Yield curve inversion tracking update
I thickened the most important indicator of 10yr-2yr thickened purple... almost there!
Once yield curve inverts you can expect recession to already have started to possibly a wait at most of 2 years... given the fundamentals globally I think recession will happen much much sooner than any central bank will admit. It's to everyone's interest to delay the official word on recession and doctor each countries' global GDP data to kick the can down the road as long as possible.
Once yield curve inverts you can expect recession to already have started to possibly a wait at most of 2 years... given the fundamentals globally I think recession will happen much much sooner than any central bank will admit. It's to everyone's interest to delay the official word on recession and doctor each countries' global GDP data to kick the can down the road as long as possible.