The chart that predicts recessions
The chart that predicts recessions
Sep 03 2019
A chart called the "yield curve" has predicted every US recession over the last 50 years. Now it might be saying another one is coming.

Economic experts are starting to warn that a US recession is becoming more likely because of something called the "yield curve." So what's the yield curve? What does it show? And why is it bad if it "inverts?" We visualized the yield curve over the past four decades, to show why it's so good at predicting recessions, and what it actually means when the curve changes.

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