2min chapter

Animal Spirits Podcast cover image

Are Stocks Cheap? (EP.312)

Animal Spirits Podcast

CHAPTER

The Fed's Yield Curve Predicts a Recession

In inverted yield curve, you could say it's never been this inverted without a recession. 97% of people who want a job are working right now. Before the past seven recessions, we saw heavy truck sales decline well before the recession started. You want to talk about leading indicators of a recession? I'll take this every time.

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