Here are some fun statistics. Nothing to do at the rig while they case the hole as its pouring rain here.
On average a recession happens 22months AFTER a yield curve inversion. Stocks look more like 2015 than 01 or 08…US stocks probably have another leg up. Stocks on average gain 15% in the 18months following an inversion.
After the yield curve inverts oil on average gains 115%.
Gold tends to fall or is flat – in both USD and CAD – until the curve steepens – which is the actual recession indicator not the inversion.
S&P stocks on average rally 15% in the 18 months following an inversion.
So DOW 30,000 & S&P 3300 before the recession in 2021?
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