[adios]

The yield curve from 2-10 has 2 yrs being a basis point or two higher than 10 yrs(temporarily I might add looking at yesterdays closing prices) and this ipso facto necessitates a recession? C'mon. The yield curve is basically flat not inverted. Even if the yield curve was inverted it doesn't necessarily mean that a recession is imminent. I will say that the classic conditions for inducing a recession are developing IMO. The economy is quite strong and from what I've been able to discern demand for labor is picking up. What's amazing to me is that the 10 yr is yielding what it is.