Storm Clouds (downturn, economic, recession, news)

[Tonyafd]

Chuck Todd of NBC News mentioned on meet the press that credit card debt is at an all time high. He also mentioned that the number of late payments on auto loans is also at an all time high.
From my own experience, I'm noticing that the treasury yield curve is close to flat. Flat and inverted yield curves have been reliable harbingers of a coming recession for the past few recessions.
--- Source: NY Times business section 2/19/2019

Gold and silver have been rising for the past three months. The wealthy have been using gold and silver as a refuge from downturns for many years.
--- Source: www.silver.com
For the first time in years, economic indicators are down.
--- Source: https://www.conference-board.org/data/bci.cfm


I invite serious discussion only.

[BeerGeek40]

Originally Posted by Tonyafd

Chuck Todd of NBC News mentioned on meet the press that credit card debt is at an all time high. He also mentioned that the number of late payments on auto loans is also at an all time high.
From my own experience, I'm noticing that the treasury yield curve is close to flat. Flat and inverted yield curves have been reliable harbingers of a coming recession for the past few recessions.
--- Source: NY Times business section 2/19/2019

Gold and silver have been rising for the past three months. The wealthy have been using gold and silver as a refuge from downturns for many years.
--- Source: www.silver.com
For the first time in years, economic indicators are down.
--- Source: https://www.conference-board.org/data/bci.cfm


I invite serious discussion only.

Probably belongs in the economics forum, but who knows. You would think that we are near a market top and due for a recession, but I thought the same thing, years ago. There might be some clouds gathering.

[carterstamp]

Looks like we are heading for another recession. I don't know if it will be a meltdown like the last one.