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RE: This Indicator has Predicted the last 7 U.S. Recessions. What's it saying now?
Good explanation! Interesting topic too, not on my radar. So is your take that the Fed needs to put a stop to interest rate hikes? Because the market has been booming..
Thanks @pbot. I'm not an economist, but economist are distinguished guessers anyway. I don't tend to make too many "should" or "right" or "wrong" comments on policy. I found once my income depended on my analysis, I ditched those opinions real quick! I'm only interested in the outcome.
I'm not a seer, but I think the FED is about to reverse course on rate hikes real quick!