As an active financial markets watcher, August 2024 is volatile!
Posted By RichC on August 6, 2024
As an amateur market follower, I have watched economic indicators that signal boom and bust cycles for years. One of the more insightful signals is the 
spread between treasury yields (inverted yield curve) … especially the 10 and 2 year treasuries.
An inversion has been a good indicator of a recession … as posted a few times before. The signal has been pointing to a pending recession for some time now, but inflation, consumer spending and decent jobs numbers have been fending it off … until recently.
The last couple of market sessions are looking as if they might be finally agreeing that the predicted and hoped-for soft-landing might not be all that certain … although the longer the economy remained strong, we became increasingly confident that it might happen this time (it could still be correct, but the odds just have shifted against the dream of a soft landing).
"Bidenomics. Ha ha ha ha! That is called Bidenomics — and we are very proud of Bidenomics!"
— Kamala Harris#KamalaCrash pic.twitter.com/JwXWeePr1m
— RNC Research (@RNCResearch) August 5, 2024
Recessions bring job losses and pain for those who are least prepared to weather a downturn … those living paycheck to paycheck and on borrowed money (unfortunately our government can’t exist without borrowing; they’ve dug a deep $35 TRILLION hole). The question now, are we already in a recession or do those in WashingtonDC and the Federal Reserve still have time to stimulate the economy without reigniting inflation again?
Bloomberg Real Yield from July 27, 2024 before the panic
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