Yield Curve Points Towards Possible Recession

“You can try and play down a trade war with China. You can brush off the impact of rising oil prices on corporate earnings,” the New York Times reports.

“But if you’re in the business of making economic predictions, it has become very difficult to disregard an important signal from the bond market.”

“The so-called yield curve is perilously close to predicting a recession — something it has done before with surprising accuracy — and it’s become a big topic on Wall Street.”