Wellness
The most accurate sign of a coming recession is not what you think it is - and it's on the verge of flashing
6 days ago | By Business Insider
A trader works on the floor of the New York Stock Exchange January 6, 2014. REUTERS/Brendan McDermid The inverted yield curve is a closely followed recession indicator, but it isn't the only one to watch. Prior inversions have preceded a recession by as much as two years, making it difficult to use as an accurate gauge. It's the re-steepening of the yield curve, or de-inversion, that's more closely followed by a recession. Investors love to point to an inverted yield curve as a surefire signal that the economy is about to hit a recession. That's because since 1960, every time the 10-year...
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