Yes, it does mean a recession is coming, as I predicted due to the toxic effect of Trump's tax bill. It will happen as inflation and higher interest rates flatten aggregate demand some time this year or next year at the latest. Adding nearly a trillion to the debt didn't help.
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Does it depend at all on which end of the yield curve is moving?
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Curve will tend to flatten when Fed is in tightening mode but longer term fundamentals don't support runaway economy.
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Curves Rational Expression Function %disrupt (trade/sanction) %sustainable wars - UN H20 criminalization persuasion rational flip
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