{"id":45328,"date":"2019-04-13T07:51:23","date_gmt":"2019-04-13T12:51:23","guid":{"rendered":"https:\/\/olduvai.ca\/?p=45328"},"modified":"2019-04-13T07:52:17","modified_gmt":"2019-04-13T12:52:17","slug":"imminent-recession-risk-doubled-3-signals-sounding-the-alarm","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=45328","title":{"rendered":"Imminent Recession Risk \u201cDoubled\u201d \u2013 3 Signals Sounding the Alarm"},"content":{"rendered":"\n
\"recession<\/figure><\/div>\n\n\n\n

Imminent Recession Risk \u201cDoubled\u201d \u2013 3 Signals Sounding the Alarm<\/a><\/strong><\/h3>\n\n\n\n

It\u2019s been more than 10 years since the last economic recession<\/a>. Since the U.S. economy generally operates in cycles, it looks like the time is drawing near for another.<\/p>\n\n\n\n

In fact, late last year the Dow Jones took a dive<\/a>, but that was likely just an appetizer for the course to come\u2026<\/p>\n\n\n\n

A recent piece<\/a> from Bloomberg reported the risk of a recession has \u201cmore than doubled this year as leading economic indicators deteriorate, the yield curve inverts and monetary policy tightens,\u201d referencing a note by Guggenheim Partners.<\/p>\n\n\n\n

And, according to CIO Scott Minerd, it appears the next recession could last longer than the previous one (emphasis ours):<\/p>\n\n\n\n

The next recession will not be as severe as the last one, but it could be more prolonged than usual<\/strong> because policymakers at home and abroad have limited tools to fight the downturn\u2026<\/p><\/blockquote>\n\n\n\n

Guggenheim oversees $200 billion as an investment banking firm. They issued this dire warning along with major concerns<\/a> about corporate debt, a severe stock market drop, and uncertainty about the Fed.<\/p>\n\n\n\n

Debt, Yield Curve Inversion & QE Signaling Recession Risk<\/strong><\/p>\n\n\n\n

We\u2019ve previously reported that U.S. National, corporate, and consumer debt are at all-time highs. This dangerous \u201cdebt trifecta<\/a>\u201d has even gotten the attention of several billionaires.<\/p>\n\n\n\n

Rising national debt currently tops $22 trillion<\/a>. Corporate debt topped $6 trillion<\/a> at the end of 2018. And the \u201cATM\u201d of consumer debt has hit $4 trillion<\/a>. Americans are tapped out. Combined together, this signal alone should sound recession alarms.<\/p>\n\n\n\n

But this is just one of multiple major warning signs\u2026<\/p>\n\n\n\n

The yield curve is dangerously close to inverting at only 16 basis points<\/a> between 2- and 10-year treasuries. What\u2019s even more troubling is yield curve inversion<\/a> has preceded every<\/em> major recession over the last 50 years.<\/p>\n\n\n\n

 \u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

Imminent Recession Risk \u201cDoubled\u201d \u2013 3 Signals Sounding the Alarm It\u2019s been more than 10 years since the last economic recession. Since the U.S. economy generally operates in cycles, it looks like the time is drawing near for another. In fact, late last year the Dow Jones took a dive, but that was likely just an appetizer […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[18769,195,1675,1849],"class_list":["post-45328","post","type-post","status-publish","format-standard","hentry","category-economics","tag-birch-gold-group","tag-debt","tag-economic-cycles","tag-financial-markets"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/45328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45328"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/45328\/revisions"}],"predecessor-version":[{"id":45329,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/45328\/revisions\/45329"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}