There is an economic warning sign which has gone off before every recession going back to the 1960s (and only delivered one false positive). It's called a yield curve inversion — and it just happened on Wednesday. Gulp. Now, this doesn't guarantee a recession, of course. Even going back that far, we're only talking about a sample size of seven. But it certainly suggests there's a decent likelihood of another downturn happening soon. And while there would be many factors behind it if it...
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