What Just Happened Also Occurred Before The Last 7 U.S. Recessions. Reason To Worry?

July 01, 2019
The floor of the New York Stock Exchange. An economic indicator known as the "yield curve inversion" hit the three-month mark, which has preceded the past 7 U.S. recessions.

An inauspicious milestone was achieved on Sunday: the yield curve remained inverted for three months, which has for almost half a century preceded economic recessions.

(Image credit: Richard Drew/AP)



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