Roy I looked around the web for that piece on recession by Rich Yamarone. Didn't find it, found John Mauldin letter about it.
What I did find was that Rich Yamarone has been predicting a recession since 2011. No doubt we will have a recession at some point, but hard to use this new prediction as any kind of timing tool. Being off by a week in options can be bad, being off by 2 years isn't useful even in long term investing.
Yamarone usually uses an inverted yield curve, but the FED has distorted the yield curve, so that can't be used.
This is a new territory for everyone, I don't think there was ever a time in history when we had the sort of conditions we have now.
So how can anyone predict the near future with that in mind?
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