Curveball

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Some of you probably do not know that Slope has an outstanding yield curve tool right here on the website, and everyone is at liberty to use it. By way of example here’s what the yield curve looks like in a nice, healthy economy:

And THIS is what it looks like, oh, right about now:

This pretty much slam-dunk guarantees a recession, and even the there-is-no-such-thing-as-a-recession Federal Reserve probability data is up-ticking: