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Message Subject
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Did you catch that? The Fed raised rates and within two biz weeks the yield curve inverted! Recession doom straight ahead!
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Poster Handle
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Anonymous Coward |
Post Content
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The pundits will play it down, like they always do.
But the yield curve bats near-100% as an indicator of an upcoming slowdown.
Earlier this year and late last year it flattened but didn't invert.
But it's official, it has officially inverted. Two weeks after the rate hike. Unbelievable.
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