Can the Inverted Yield Curve Really Predict a Slowdown in Economic Growth?

The difference between the short-term bond yield and the long-term bond term is at its highest level since 1981. The last time something like this happened was way back in May 2015. An inverted yield curve is almost always followed by a recession within a year or so. But maybe, just maybe, some folks think the freaky yield curve could actually be good news.