by DoubleAyy12
The question is not whether the US economy will enter a recession, because at some point it does. Most of the time the economy is expansion. However, the 10-year vs 3-month treasury shows the curve is about to un-invert, which historical signifies a recession is imminent. Couple this with the fact that the US economy only added a net 12,000 jobs in October, and things aren’t looking too great. Of course, it will take more data and more time to know for sure. If unemployment increases for 6 months straight, there is net job losses in the economy for 6 months straight, then, yes, it will surely be a recession. However, in looking at the data now, it seems likely that a recession will happen. Thoughts?