Every week it seems there’s something new the “financial gurus” on TV are fretting about. Last week, it was the “inverted yield curve” and the near certainty it means a looming recession? But does it? Is a recession really coming?
Simply put, yes. A recession is coming. But that’s because a recession is ALWAYS coming! Over the last seventy years, we’ve had a recession, on average, every 6.4 years. They are a natural part of the economic cycle. But is the yield curve a good predictor? That depends. There are a LOT of yield curves. And which one you cherry pick can either be tremendously predictive or not at all.
Read more here: https://insightwealthgroup.com/the-weekly-insight-a-recession-is-coming-eventually/
Every week it seems there’s something new the “financial gurus” on TV are fretting about. Last week, it was the “inverted yield curve” and the near certainty it means a looming recession? But does it? Is a recession really coming?
Simply put, yes. A recession is coming. But that’s because a recession is ALWAYS coming! Over the last seventy years, we’ve had a recession, on average, every 6.4 years. They are a natural part of the economic cycle. But is the yield curve a good predictor? That depends. There are a LOT of yield curves. And which one you cherry pick can either be tremendously predictive or not at all.
Read more here: https://insightwealthgroup.com/the-weekly-insight-a-recession-is-coming-eventually/