InvestorsHub Logo
Followers 23
Posts 13232
Boards Moderated 0
Alias Born 07/10/2003

Re: None

Thursday, 09/07/2023 9:37:51 AM

Thursday, September 07, 2023 9:37:51 AM

Post# of 110671
The number of days predicted until the next recession are not as interesting as the fact that inverted yield curves do often lead to recession. They say another 275 days, I'll take the under. From Market Watch:

Where is this long-anticipated recession? Analysts at Bespoke think the next economic pullback still could be about 275 days away, or starting roughly in early June 2024, according to data as of Wednesday.

That’s because past recessions took an average 589 days to materialize after the 10-year and 3-month yield curve first inverted, based on data since the early 1960s.


Rule #1, Don't lose money. Rule #2, read rule #1. - WB.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.