Quote:
Originally Posted by Whosonfirst
So barnie, what's your prediction? And how long until it happens?
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To be perfectly honest, this is my first real introduction to inverted yield curves. Past inversions were just not on my radar screen.
Don't the markets usually, by about 6 months or so, precede the actual events? Recessions that is.
In short, I have no idea what is going to happen or when. I do know that there will be a recession eventually and everyone will blame everyone else when it finally does occur, but to my way of thinking it isn't really anyone's fault, per se, but it is simply a market dynamic that will always occur eventually in a capitalist environment.
When things get overheated they have to cool off.
So, to sum up, your guess is as good as mine.
I just take it day by day.