Yellen came out and said recessionb is likely a false flag given everything else.
According to AP, there’s going to be a recession whether there is one or not. Amazing how the left always seems to be immune to facts.
No collusion, no recession.
The US economy is relatively isolated from global economic conditions. The inverted yield curve was likely due to the two key large foreign economies — China and Germany — that just tipped into slow or negative growth. This raised the global demand for US ten year Treasuries as a safe harbor for investors, with the result that the interest rate for such debt declined. Officials at the Fed and Treasury dare not speak too openly about this for fear of aggravating the economic difficulties that Germany and Europe face.