Recession Watch: The Un-Inverted Yield Curve and Plunging Copper

And the end of the yen carry trade

Headline economic stats like GDP continue to look pretty good. But the list of reliable indicators screaming “imminent recession” continues to expand. Some of the latest:

Un-Inverted Yield Curve

An inverted yield curve (where short-term interest rates are higher than long-term rates) is a well-known recession signal. But it really starts flashing when it