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RE: Yeah, Econ 101 States, A Flattening Yield Curve Is A Precursor To A Recession:Craig Hemke
I love Craig. Great insight. You'll know we're in for a crash when the Goldman guy (Cohn) replaces Mother Felon at the Fed. Then we'll have Mnuchin at Treasury and Cohn at the Fed, and the Club can protect their interests as they take the market down. Just like 2008 with Paulson crying for a bailout of AIG (in particular) to protect Goldman's short positions - we'll see how it goes over this time.