Every recession is accompanied by an inverted yield curve. The yield curve only partially inverted for a short time. Not every inversion leads to a recession, but every recession has an inverted yield curve.
They don't really know where the tipping point is. It takes too long for monetary policy to have an effect.
Yet, a lot of what he says sounds reasonable. I'm watching the yield curve for further evidence. Also, there is news about a downward trend in EXISTING home sales ( no word about NEW home sales). Anything else that pops up, I will check it out.
According to Financial Expert Peter Schiff a recession is a 'done deal' https://t.co/IxB6zl71z0— Greg Meadows (@BootsandOilBlog) January 23, 2019
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