This is how recessions blind side people

This article goes on to say that in spite of the yield curve inversion, the economy is looking very good. And how Q3 numbers are actually not bad. Which I don’t disagree with. But a yield curve inversion is typically 12-18 months before a recession, not 3-4 months. So we’ll have people talking a lot about it now, next, as this article does, we’ll have people brushing it off. Then people (retail) will forget. Once the other shoe drops, you’ll hear so many people claiming that no one saw it coming.

www.cnbc.com/2019/08/15/economy-looks-far-better-than-the-bond-markets-recession-warning.html

TL;dr: people have short memories.

 

 

 

AC