Who knew the greatest economy in the history of the world, led by heroes, couldn’t even stand a 2% Fed Funds rate?

Who knew the greatest economy in the history of the world, led by heroes, couldn't even stand a 2% Fed Funds rate? pic.twitter.com/OeJIUDZiMp

— Rudolf E. Havenstein, Panicked in Fetal Position (@RudyHavenstein) December 6, 2018

This is truly sad… markets are momentarily excited because things are so bad economically that #Fed has to pause at zero real rates… #RUFKM 🤦🏻‍♂️#PPT t.co/5czGZa4fbG

— Mark W. Yusko (@MarkYusko) December 6, 2018

Fed statement January 10, 2008:

“THE FEDERAL RESERVE IS NOT CURRENTLY FORECASTING A RECESSION”

While in a recession

Via @RudyHavenstein pic.twitter.com/HURv6gMTi9

— OCCUPY WISDOM (@OccupyWisdom) December 6, 2018

Not much more simple than this$SPX

Via @hks55 pic.twitter.com/77Woz8isfZ

— OCCUPY WISDOM (@OccupyWisdom) December 6, 2018

Flatter Yield Curves Aren’t Always Bad News — but This One Is – WSJ

Treasury market moves are sending a menacing signal about the economic outlook.

U.S. government bonds are on the edge of a yield-curve inversion, where shorter-dated bonds yield more than longer-dated ones—and recent moves carry a particularly bearish tone.

The yield curve reflects market expectations for how fast the Federal Reserve is likely to raise interest rates, based on expectations for economic growth and inflation.

An inverted curve—short-dated bonds offering greater nominal returns than their longer-dated peers—is often interpreted as a signal of a looming recession. But there are different ways to interpret a flattening curve, depending on how it comes about.