[onyx]

THIS "INVERSION" is much different from 2005's, in that INVERSIONS are all about liquidity. In 2005, there was a drastic shortage of money.

Right now, in 2019, we have tons of money, with more money flowing into our country every day.

All the chaos in Hong Kong is adding to our inflow of money.

The Fed needs to cut interest rates again.

Inverted Yield Curve and Why It Predicts a Recession

Why the Yield Curve Is Inverted Now
FWIW

[entropy12]

I think the biggest risk right now is record high private and corporate AND GOV’T debt. Much bigger than in 2005. At that time main problem was only in one area...people borrowing on property equity increases. When that bubble popped, the main damage area was housing.

Right now, even a slight recession is deadly because people are drowning in debt and there is little wiggle room left.