If you turn on the TV, you will no doubt hear that the market was not only hammered today, but that there is a looming recession.
An indicator for predicting recessions set-off a red light today and it’s 9 for 9 in its predictions since 1957.
In today’s podcast, we discuss that indicator (the yield curve) and what that may mean for the market and your portfolio. The good news is that if history holds true, there could be some nice upside for your portfolio.
Here’s to wise investing,
Brian, Brett, Spencer and the Iron Gate Team