As Donald Trump continues to claim that in his term,the United States is enjoying “the greatest economy we’ve had in the history of our country,” making that claim “dozens” of times, or as the BBC reported,not only do experts say that his claim is debatable, but economists now point to specific economic phenomenon that has appeared just before the final seven U.
S. economic recessions. This phenomenon, or they say,reveals that the economy is headed into a recession possibly as soon as nine months from now — just as the 2020 presidential election primary season is getting into full swing.
The phenomenon noted by Duke University economist Campbell Harvey in a National Public Radio interview this week is called the “yield curve inversion,” and according to Harvey whose research was the first to link it to recessions, and the inversion has correctly predicted the final seven United States economic recessions going back to the 1960s.
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Source: inquisitr.com