Yield curve flips to positive again. Celebrate?

Bloomberg/John Authers

“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

This entry was posted in Today's top gold news and opinion. Bookmark the permalink.