9 min
The inverted yield curve is screaming RECESSION The Indicator from Planet Money
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There is one indicator that has predicted every recession since 1969, and that indicator is flashing red right now. It's the yield curve. But Mr. Yield Curve himself, Campbell Harvey, explains why this time he thinks his prediction could be wrong.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
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There is one indicator that has predicted every recession since 1969, and that indicator is flashing red right now. It's the yield curve. But Mr. Yield Curve himself, Campbell Harvey, explains why this time he thinks his prediction could be wrong.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Learn more about sponsor message choices: podcastchoices.com/adchoices
NPR Privacy Policy
9 min