2/10 Yield Curve Inversion: No Ill Effects for US Economy, Says Barry Knapp

Barry Knapp of Ironsides Macroeconomics joins the podcast to discuss the 2-year/10-year yield curve inversion. The gauge is viewed as a harbinger of recession and while global trade has clearly slowed, the U.S. economy should not necessarily see any ill effects in the immediate future, says Knapp. Content: The 3-month/10-year yield curve versus the 2-year/10-year (2:52), for historical precedence see Japan in the early 2000s (7:50), recession in global trade but not in the U.S. (8:42), positives for the U.S. economy (13:00). For more information on our guest: https://ironsidesmacro.substack.com/