Hi Folks, Interesting tidbit in the paper today. The gap between the 2 year and the 10 year Treasury note yield curve inverted yesterday and this has been the case prior to a recession over the last 60 years. Mostly a fairly short time before the dip but sometimes a bit more than a year before the slide down the roller coaster.
Combine this with ~3.2% drop in the S&P as well as ~3.1% drop in the DOW and we need to pay attention to what happens next.
Hang on, it might be a wild ride this time as it has been the longest bull market in American history.
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