The most deeply inverted part of the U.S. yield curve is one that hasn’t sent a false signal about the prospects of a U.S. recession in more than a half-century of research.
That’s the spread between 10-year and 3-month Treasury yields, which was around 155.8 basis points below zero as of Wednesday — reflecting a 3-month T-bill rate TMUBMUSD03M, 4.830% that’s trading well above its 10-year counterpart TMUBMUSD10Y, 3.312%. The large difference between the two rates is pointing to the likelihood of a “deep recession,” according to Campbell Harvey, the Duke University professor who pioneered the use of the spread as an indicator of future economic growth.
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Am I the only one who remembers that the Deceivers changed the definition of recession many months ago? Good Grief! By traditional definition we have been in recession for months! That means what's coming is Depression.... The Elite Bankers and their Despot Politicians have murdered America. RIP America. My thoughts and prayers are with you in this your final days!
This looks interesting - https://www.zerohedge.com/commodities/three-gop-reps-introduce-gold-standard-bill-stabilize-dollars-value