Yup, this was very interesting.
For those that are new like me…this chart shows a predictions of when a recession will occur.
They did not consider covid as a recession, weird because based on what I research it looked match the description…
But they changed the definition or requirements that make a recession …well a recession.
Source: Federal Reserve Bank of St. Louis
It’s been 790 days since it has passed over the inverted yield curve…
Honestly, I am pretty scared to see what is going to happen…
I looked back in past recession and the great recession lasted 10 years!
Ten years, is crazy.
This is random, but I even thought about selling my car to prepare for what is to come.
Not saying I can’t afford my car but to be able to use the money towards investing is so much smarter in the long run.
Here is a video of me just talking and sharing my thoughts about the inverted curve: