What is it going to take to get the sky to fall?
Maybe if we all concentrate, we can get each other an inverted yield curve for Christmas. So hot right now, everywhere you look.
If you don’t have yours yet, it’s a big signal that a recession is just around the corner, or so say those in the know. Some short-term rates have gone higher than some long-term rates for short periods in each of the past two weeks (that’s the inversion) and sent the markets and media into a jitter. The markets have rebounded, but you can’t say
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