Recession Incoming? Here is what the technicals say


Economists: Recession incoming!
World Leaders: Recession is out of the books.
Whom to believe? Here is my analysis from a technical standpoint👇

As someone who believes in data driven decision making, the technicals point towards a recession. How so?

When the difference between the 10 year bond yield and 2 year bond yield becomes negative, it is known as an 'Inversion in bond yield curve' and this inversion has been a strong indicator in predicting recession.

Since this chart (US10Y-US02Y) started back in 1976, whenever the curve went into the negative zone, we experienced a recession shortly after.

So the question now is, are we in the negative zone? YES!

Recession incoming? Most likely yes!

To all my connections in the field of finance especially, I'd love to know your thoughts on the same below in the comments 👇

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#finance #data #recession #bonds


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