The Fed's Wiggle Room in the Yield Curve

Yield curve is a gauge of how much room the Federal Reserve has to hike rates. If it's deeply underwater and inverted, that would be a recessionary signal. But if it's just a potential signal, then I don't worry about that because, you know, maybe the signal is not the same, because you have all this official involvement. Someone knew or people knew and it doesn't take that much to go and move the market on the margin. And clearly, this war is going to go and we're probably over session from the war.