a) a recession is coming this time also, or
b) you inverted this time like Maverick in Top Gun and showing us the birdie?

- Yield curve inversions preceded all recessions since the 1960s THOUGH note the 2nd chart:

![Image upload](https://cdn.commonstock.com/3ac84e5685607ad56fd5e8e47b0a0f0fa1a1f753e90098fa1c84a40217f83b0a-1540x1060.png)

- they were caused by a higher real cost of money (FED funds - Core CPI) ... which ain't high these days, right?

![Image upload](https://cdn.commonstock.com/d9a308f28862654cda024837535d417c29cbe022cffb48c604c0aad6f80a3c0f-1492x1044.png)

strong employment data but all time highs in consumer credit...really a coin flip here

Rico

Magic magic Yield Curve, what are you telling us?

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