Summary The most recent recession was particularly severe. Whenever the next recession comes, there is no reason to think it will be as severe as the last one, and certainly, the causes will be different.
Nobody knows when the next recession will arrive. At the moment, there is a lot of discussion, some informed and some merely inflammatory, about a phenomenon known as the inverted yield curve.
We have an inverted yield curve during the longest recession-free period in over 70 years. Is it time to panic?
Summary
The most recent recession was particularly severe. Whenever the next recession comes, there is no reason to think it will be as severe as the last one, and certainly, the causes will be different.
Nobody knows when the next recession will arrive. At the moment, there is a lot of discussion, some informed and some merely inflammatory, about a phenomenon known as the inverted yield curve.
We have an inverted yield curve during the longest recession-free period in over 70 years. Is it time to panic?