Originally posted by Rey HRH: Yes, I believe in the accuracy of the inverted yield curve in forecasting a recession. I understand it to a degree but I'm surprised it's only a 70% consensus. What's the justification of the 30%?
The yield curve has inverted quite a few times in the last 10 years or so. While every recession has seen an inverted yield curve, not every inverted yield curve has predicted a recession.
To quote JALLEN, Figures lie and liars figure.
December 21, 2022, 01:06 PM
TMats
Tucker Carlson’s monologue last night on the Biden Administration lie aided and abetted by the Bureau of Labor Statistics, the Fed and the usual suspects.
_______________________________________________________ despite them