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A closely watched measure of the Treasury yield curve temporarily inverted Friday for the first time since 2007, highlighting fears that a global slowdown will take a toll on the U.S. economy.
Billionaires who trump put into high level positions will flee to their private island's probably Everything bubble coming soon.
I know I am personally f*cked. I've spent the past six years of my life living in misery, working to pay off debt with the hope of eventually moving in 2020. Now it's starting to look like that will be less likely because of the economy.
If you want to read doom and gloom, all you have to do is read MarketWatch... There are dozens of articles every single day... If you want to actually know what is going on, then don't read MarketWatch...
I know I am personally f*cked. I've spent the past six years of my life living in misery, working to pay off debt with the hope of eventually moving in 2020. Now it's starting to look like that will be less likely because of the economy.
The yield curve inversion is only one of many indicators economists use to gauge the health of the economy.
Don't go all doom and gloom yet.
Yield-curve inversion typically ALWAYS precedes a recession. It's extraordinarily rare for there to be a yield-curve inversion and not a recession.
The near future for the US is beyond bleak. When you consider the social fracturing in this country right now, I don't think there has been times this frightening in any of our lifetimes. I'd say you have to go back to the 1930s and even then, this country was more socially unified than it is now.
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