Thursday, November 3, 2022

10 yr-2 yr Treasuries, -0.51 Yield Curve Inversion

August 1981 is the last time the Yield Curve Inversion was higher than today. The two-year is yielding 4.7%, astoundingly high. The inversion is a very strong signal of recession.

Tuesday, November 1, 2022

Real Weekly Earnings of Production & Nonsupervisory Employees, Ex-Gov

Blue-collar workers, with <2 years under Biden, have seen the steepest declines to inflation-adjusted pay. Only Ford & Carter have seen similar catastrophe:

Courtesy Advisor Perspectives