Steve Cortes Warns Inverted Yield Curve Shows Deep Biden Recession Around the Corner

By: The Gateway Pundit



Over the weekend the US bond yield curve inverted briefly for the first time in 16 years since the Great Recession in 2008.


Markets Insider-MSN reported:


Part of the US bond yield curve briefly inverted for the first time since 2006 Monday, adding to fears that a recession could soon hit the country’s economy as the Federal Reserve hikes interest rates hard. The yield on the 5-year Treasury note rose above the yield on the 30-year Treasury bond, an event that hasn’t happened for the last 16 years. Monday’s move added to chatter on Wall Street and in other financial centers that a recession may be on its way, given bond yield curve inversions have historically foreshadowed sharp economic slowdowns in the US.

Steve Cortes warned The War Room audience that there was a US recession every time the rate yield curves inverted since 1955. Every time except one!



102 views0 comments
gold in my ira (2).png
11-20-19-10-30-35_1200x628+sm.jpg