The signals for an upcoming recession are now all flashing at the same time. The Federal Reserve's first cut to interest rates since 2008 did not change the yield curve . The yield gap between three-month and 10-year Treasury bonds slid further below zero. The yield gap between two-year and 10-year Treasury bonds briefly shrunk to 10 basis points, the narrowest margin in four months. Choppy stocks also point to market uncertainty. Real-world data show a contraction in manufacturing.
The signals for an upcoming recession are now all flashing at the same time. The Federal Reserve's first cut to interest rates since 2008 did not change the yield curve . The yield gap between three-month and 10-year Treasury bonds slid further below zero. The yield gap between two-year and 10-year Treasury bonds briefly shrunk to 10 basis points, the narrowest margin in four months. Choppy stocks also point to market uncertainty. Real-world data show a contraction in manufacturing.
They will blame it on Obama just like the last million times.
Excellent.
But Trump will have his supporters believe America is winning MAGA
He bankrupted his personal economy. Why would national be different if you don’t check him? McConnell Ryan and trump broke the camels back. They did Russia’s work for them.
It’s almost as if 45 has no clue about business OR the economy.
Anyone who understood basic economic concepts like the Business Cycle were screaming this back in 2008. Oh well, it’s getting boring to say told you so 🙄