Vote Up Down
image thumb
Vote Up Down
image thumb
The yield curve has un-inverted
I haven't followed this in a while, I don't have alerts set up for this - but as a reminder, the yield curve has un-inverted, and has stayed uninverted for some days. We usually see "official" "recessions" when this happens: not when the yield curve inverts, but when it uninverts, or shortly after.
Vote Up Down
The Social Recession Is Accelerating
Authored by Charles Hugh Smith via OfTwoMinds blog,
Did wages rise 10-fold to match the 10-fold rise in the cost of a modest house? No. That is social recession in a nutshell.