The thought just went through my beady little mind; Whether between the Fed jiggling interest rates, and Wall Street messing with financial details, the two of them can trigger a recession anytime they want one? And the “yield reversal” is just one of the knobs they jiggle to make it happen. Honest question.
it Looks to me like the Fed is having trouble keeping the pump primed. They raised their interest rate target and they keep pumping money into the economy and that decreases the value of the dollar. We have an enormous debt bubble and it looks to me like our economic growth is a little too tepid to keep pace with the adverse effects if spending.