
80% RECESSION PROBABILITY, MOMO BUYING ON FED SPECULATION AND SCRAPPING OF TRUSS’S TAX CUTS
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
80% Recession Probability
Please click here for a chart of 10-year minus 2-year Treasuries.
Note the following:
- The chart shows the yield curve inverted by -0.48%. This is slightly more than -0.47% in 2000 and -0.43% in 1989.
- Note from the chart that in 1980 the yield curve inverted by -2.01%.
- Could the U.S. be heading toward a steeper yield curve inversion? When the yield curve was more inverted in the 1980’s, it was a period of stagflation. To learn in advance how to invest during stagflation, listen to the five part podcast series titled “Stagflation: Buffett’s Portfolio.”