Yield curve flips to positive again. Celebrate?
“But sadly, this un-inversion does not mean that the previous recession signal has been reversed. As Bloomberg Opinion contributor Jim Bianco points out, this inversion has already persisted long enough to send a strongly negative signal about the economy. The inversions of 1969 and 1989 were shorter, and both were followed about a year later by recessions.”
USAGOLD note: Authers goes on to post a table listing eight inversions that preceded recessions by roughly a year.
Repost from 10-14-2019