Recession indicator is flashing red

Crossville TN

Description

Wall Street's favorite recession indicator is flashing red Yield curve inverts, reflecting 'fears of Fed policy error and an impending recession. The spread between the 2-year and 10-year Treasury yields inverted this week for the first time since April on fears that the Federal Reserve's aggressive approach to tackling the hottest inflation in four decades could lead to a sustained slowdown in growth. The phenomenon – which is rare – has been a historically "accurate predictor of recessions". Time for the Democrats to push the Fed to print more money for more inflation. Cycle of stupidity.