The signs are pointing to another recession, and investors need to understand how we got here. The … [+] last two recessions can provide a guide. (Photo by Johannes EISELE / AFP) (Photo by JOHANNES EISELE/AFP via Getty Images) AFP via Getty Images
The recent yield curve inversion is just the latest signal that the markets and economy may be heading for a downturn. Inflation continues to surge even as the Federal Reserve has raised interest rates. Consumer confidence has tanked, with a recent Morgan Stanley survey showing that mall visits were down 14%, and two-thirds of consumers responded they were planning to spend less over the next six months.
