
Ep. 242 Thoughts on the Libertarian National Convention, and Is the Fed Going to Cause a Recession?
Bob Murphy Show
00:00
Is Money Tightening a Sign of a Recession?
When the fed began tightening, at least according to the financial press, i just assumed that the yield curve was going to be flattening. Every time there's been a recession since world war two, there has been a prior inversion of the yield curve. If you correctly defined this metric, it has no false positives and no false negatives in terms of predicting an impending recession.
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