#Stocks are increasingly sure that the #economy will avoid a #recession.#Bonds…..not so much.
h/t @SoberLook pic.twitter.com/jGH6KyX8eY— Lance Roberts (@LanceRoberts) August 30, 2024
The 10y2y Yield is back to the 0 line.
The Inverted Yield Curve is one of the most accurate recession indicators.
The longest inversion prior to 2022: 16 months
The current inversion: 24 months🟥 = Recession
🟩 = Fed Rate Cuts
🟦 = 0% line#recession #Economy pic.twitter.com/SCg1eR59SL— Brett (@brett_eth) August 28, 2024
The economy is completely bifurcated.
If you own assets you’re doing well, if you don’t own assets you’re living in the Great Depression 2.0
The question is how much longer can the US economy be propped up by asset prices?
My answer: not long pic.twitter.com/TUrv8sRl2w
— George Gammon (@GeorgeGammon) August 29, 2024
Yesterday, Q2 #GDP was revised up to 3%, above consensus #estimates, on the back of an exceptionally strong upward revision to personal consumption expenditures (#PCE) which doesn't really align with a lot of recent data. I suspect we will see this data revised lower during… pic.twitter.com/4l19EFG49R
— Lance Roberts (@LanceRoberts) August 30, 2024