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To: Wuli

The Fed did go to far. They flattened the yield curve.

Trump is great on economics. The Fed is wrong.


21 posted on 04/14/2019 1:25:42 PM PDT by Moonman62 (Facts are racist.)
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To: Moonman62

The question really was at the time (a) did the yield curve invert because of Fed action, or (b) because of what was seen then as a slowing in the global economy. As what does past history indcate, that (1) an inversion of the yeild curve is a cause of a recession, or (2) is it an approximate 1-year advance warning of factors building towards a recession. The warning in item (2) is exactly what the last yield curve inversion represented.


23 posted on 04/14/2019 1:38:58 PM PDT by Wuli (30)
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