[ad_1]
by confoundedinterest17
The US economic system has a case of {the summertime} blues.
Bull steepenings within the yield curve are typically seen as a precursor to a recession, however they’re typically preceded by bear steepenings. The 3m30y curve is at the moment bear steepening, indicating a recession may start as early because the summer time. Actually, the 3m30y curve is now inverted at -94.628 foundation factors pointing to a recession in summer time 2023.
That is taking place because the US home fee to earnings ratio close to all-time highs.
[ad_2]
Source link
