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The current yield curve inversion in US is at the same level as 1928. There is also a strong correlation between the depth of an inversion and the weakening in manufacturing PMI. (lemmygrad.ml)

submitted 2 years ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml

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[-] Idliketothinkimsmart@lemmygrad.ml 6 points 2 years ago

I'm guessing this means either more war/ more austerity/ imperialism ? 😅

this post was submitted on 05 Sep 2023

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