“This is not a good sign, since the 10Y-2Y curve typically inverts just prior to a recession.”
We’re already in a recession. A depression is what’s coming before Spring.
My go to metric is the number of people sleeping in the Walmart parking lot. You’ll see people living out of their cars and vehicles when things start getting worse.
Just keep saying this to all the dummies who say that Trump lost:
Are you (and the nation) better off today than you were 4 years ago? You will have to add time to the “years ago” as we go forward.
Of course some will say, I’ve got more dollars today than I had then. Take them a roll of TP and say it is worth exactly what this roll is worth.
“We’re already in a recession. A depression is what’s coming before Spring.”
FR Post of the Month