The Stock Market Flashed a Catastrophic Warning, But No One’s Listening12

By CCN: The U.S. stock market is sounding a catastrophic recession warning. The evidence is flashing in bright colors, and the alarms are absolutely deafening. But no one on Wall Street is listening. Twice this year, the 3-month (short-term) Treasury yield was greater than the 10-year (long-term) Treasury yield, in what’s known as an inverted yield curve. This indicator is a strongly-correlated precursor to an economic downturn. The longer it lasts, the more likely the recession, Business Insider reports. Morgan Stanley researchers have found that inversions lasting more than one month have preceded every stock market recession in the last

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https://www.ccn.com/stock-market-catastrophic-recession-warning

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