9 major economies are in recession or on the verge of it; 18 economies now have 30-year yields inverted vs. the Fed Funds rate.

via Heather Long Can the US stay solid with so much trouble around the globe? It’s a key q… Germany UK Italy Mexico Brazil Argentina Singapore South Korea Russia washingtonpost.com/business/2019/08/15/key-countries-are-verge-recession-driving-fears-us-could-follow/ … Read more

Bond Yields are Inverted

fred.stlouisfed.org/series/T10Y3M *10-Year Treasury Constant Maturity Minus 3-Month Treasury Constant Maturity (T10Y3M) Every time the difference between the 3 month and 10 year treasuries goes negative a recession ensues. A strong … Read more