Hi there fellow Steemian,
Something that I must share with you guys, because it is one of the great (early) indicators of upcoming recession. I am talking about the yield curve. You will be able to find a lot of info on the yield curve and it's importance on youtube.
Below you will find a link. Please follow the link to the dynamic yield curve tool. When you use your mouse to move along the timeline in the right hand chart (SNP 500) you will be able to see how the yield curve moves in that same timeline. Notice what the yield curve does before a recession. It INVERTS And after an invert follows... A recession or depression
Take note of what the yield curve is doing at this point in time and you will see that we are headed to a flat or even inverted yield curve.
As not many people are aware of, the U.S. dollar is taking a spill and all the FED can do now to stop it in my opinion is to raise rates. But then when the rates are raised... The yield curve is pushed even more into a flat or inverted yield curve and bad debt will default even worse that it is doing now.
Have a look and let me know your thoughts on this... **What is your strategy to profit from this upcoming event? Where do you think the money will be made and lost?
- Gold?
- Silver?
- Crypto's?
- Fiat?
- Equities?**
http://stockcharts.com/freecharts/yieldcurve.php
It seems like the clock is ticking...
If you liked this post please join in on the discussion by posting your thoughts. You can also support me by following, upvoting and resteeming.
Make a great day,
@Ozz