A yield curve inverted is predicting Donald Trump's economy is headed for weak or nonexistent growth in the next few years, and little inflation. Yield curves don’t cause recessions, but their inversion can make business leaders reluctant to hire or invest because they’re worried about economic slowdown. The yield curve started to invert in March...
“The alarm’s gone off,” said Campbell Harvey, the Duke University finance professor who first noticed the relationship between yield curves and recessions.So much for the despot's plans.
