Don't Underestimate This Bear Market: Lower Prices Likely Ahead | Michael Lebowitz
Wealthion - Be Financially Resilient
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Can You Say We're in a Recession?
Short term rates being higher than the long term rates, that's what we call yield curb inversion. It's histo ally been a pretty good indicator that recession does lie ahead. The economy can still be growing in a recession. But yes, i think the economy is slowing pretty quickly. I think consumers may know it, or may not know it. They're paying eight % more for every hour more for all the stuff they buy. And they're obviously pulling back because of inflation.
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