News for hackers. Stuff that matters.

A comment on Yield curve is blaring loudest recession warning since 2007. Parent comment

Re:Yield curve is blaring loudest recession warning since 2007 by Godel_unicode on Monday August 05, 2019 @03:59PM (#20618215)
There's always some indicator which yells that, I don't see any reason to believe this one over any of the other ones.

There's been a consistent drumbeat since the end of the great recession that "the next big drop is coming, just look at this chart!". Spoiler alert, they were all wrong.

[ Parent | on HN ]
Re:Yield curve is blaring loudest recession warning since 2007 by francisofascii on Monday August 05, 2019 @09:33PM (#20621199)
Most likely not wrong. Simply too early.
[ Parent | on HN ]
Re:Yield curve is blaring loudest recession warning since 2007 by Godel_unicode on Monday August 05, 2019 @10:58PM (#20621693)
They were absolutely wrong. Their claim was that a specific line on a chart held deeper meaning, despite having no basis in science. They were totally incorrect.

Don't let these charlatans off the hook, they largely have no idea how the market works.

[ Parent | on HN ]