Economy 53,073 Posted March 22, 2019 Share Posted March 22, 2019 https://www.bnnbloomberg.ca/u-s-markets-sink-as-10-year-treasury-yield-curve-inverts-1.1233263 US Treasury yields have an inverted curve again with long term rates below short term rates This is the second time within the last year that long term rates have dipped below short term rates Yield inversions have acurately predicted a recession everytime except in 1966 when yields inverted but a recession did not follow In Canada yields have also inverted Link to post Share on other sites More sharing options...
AlexanderMagno 10,746 Posted March 22, 2019 Share Posted March 22, 2019 The Great Recession was 10 years ago. Everyone’s trying to delay the new one, but it’s happening soon. Lasting three more years is a blessing. Link to post Share on other sites More sharing options...
FATCAT 60,909 Posted March 22, 2019 Share Posted March 22, 2019 I hope not, I'm just tryna live my life. These bills don't stop. This kitten over here (meow) Link to post Share on other sites More sharing options...
ChromeAngel 3,230 Posted March 22, 2019 Share Posted March 22, 2019 This is honestly scary. I remember how tough life was with the previous one when I was a kid, but this time I’m an adult and I’ll have to deal with it Link to post Share on other sites More sharing options...
Economy 53,073 Posted March 22, 2019 Author Share Posted March 22, 2019 15 minutes ago, ChromeAngel said: This is honestly scary. I remember how tough life was with the previous one when I was a kid, but this time I’m an adult and I’ll have to deal with it Not all recessions are as severe as the last one in 2008 tho. That recession was literally the worst since the depression of 1929-1933 There were several recessions in between that weren't as bad Actually Canada had a recession just 3 years ago after oil prices fell (our biggest export) but it was so mild that if people didn't listen to the news they wouldn't even be aware of it... It didn't really affect the Country or jobs as a whole much. A recession by definition is 2 consecutive quarters (6 months) of economic contraction no matter how small it is Some recessions are mild pullbacks. Hopefully the next one is like that Link to post Share on other sites More sharing options...
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