A world recession watch sparks do-it-yourself economics: Don Pittis - News Summed Up

A world recession watch sparks do-it-yourself economics: Don Pittis


That certainly seems the case with recent predictions that the world is heading for recession. Suddenly, the inverted yield curve has been yanked out of obscurity and into the limelight. Even for those convinced that the yield curve is a sure predictor of recession, history supports Yellen's confidence that rate cuts will not be needed in 2019. Since the data is collected in the weeks before the release, it is a fresh economic indicator. But to end on a happier note for April Fools' Day, here is a guy who has turned the inverted yield curve into music.


Source: CBC News April 01, 2019 07:52 UTC



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