You should know that inversion (2 year bond yield higher than the 10 year bond yeild)does not always predict "recession." But when it does, recession - on average - is 22 months into the future. Sorry Libs, but a recession will not dethrone our President . . . . all this according to the wonks on Fox Business News amd CNBC.
Update: You should know that we average a recession every seven years. In other words, we are due, but the economy is strong (while the rest of the world is struggling), and in this historic "strength cycle," the Market serves as a hedge against an immediate recession.
No comments:
Post a Comment