Where did it go? What happened to it?
Until Americans can’t borrow it probably won’t happen.
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It would be the first time in history that the Inverted Yield Curve did not correctly forecast one.
But as @billinin mentioned…people are borrowing up to their eyeballs to maintain their standard of living. They may be able to keep it up for awhile longer…but in a higher interest rate environment its not going to end well.
(one of many articles)
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