Recession Risk Continues to Rise

Many analysts are apparently no long concerned about the prospects for a recession in the near future now that the yield curve is no longer inverted. On the contrary however, things have only gotten more dangerous, it is not the inversion of the yield curve, but its un-inversion, which has so reliably signaled recessions in recent US economic history. Moreover, corporate earnings continue to weaken, a phenomenon which is bound to impact consumers if it continues.