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USA Recession Warning Signs Now Worse

As of Friday March 22nd the spread between the 3-month and 10-year USA Treasury notes has INVERTED.

inverted-yield-curve pre-recession

This particular recession warning sign needs to be taken seriously,

Inverted yield curves happen when short-term yields are higher than other longer-term options. Historically in the USA (like better than 9 times out of ten) whenever the 3-month and 10-year yield curve inverts a recession has followed in the relative near future.

So just like in 2007 right before the GFC—You can now put your money in US bonds for 10 years and earn LESS than if you picked a shorter term.

A consolation prize? At least the situation is not as bad as Switzerland and Germany. In Germany their 10 year government bonds just went NEGATIVE (-.02) on Friday and the Swiss are even lower at (-0.29%).

I can think of no sound economic reason to put your money into something for 10 years to get a guaranteed negative return.

Larry Kudlow

Anyone else experiencing some corporate media pre-GFC deja vu?

But no worries Larry Kudow who use to work as a junior financial analyst at the New York Federal Reserve and is now the Director of the USA’s National Economic Council under President Donald Trump just said on CNBC “There’s no recession in sight right now.”.


Disclaimer: This post is for informational and entertainment purposes only— it is not financial advice or is in anyway intended to provide any financial recommendation.

“Green-Eco-EV News Reporting by Ken Burridge”

kenneth green burridge

Independent green journalist, EV of the Year Judge, photographer, author and sustainability activist that has published over 1000 articles. Mr Burridge’s travels have taken him to over 40 countries and 300+ major cities. He is originally from the USA, but has been residing in Australia for the last seven years. Connect to Ken Burridge on: Twitter, steemitfacebook, Google+Linked in or website