JPMorgan Spots A Rare And "Even Worse Omen" For The Market

in #recession5 years ago

The OIS is signaling something very bad.

According to JPMorgan, the countdown to recession is on.

Back in April the 3y-2y curve inverted. Now, the 2y-1y inverted meaning the market anticipates peak policy in mid 2019 as opposed to early 2020.

This indicator has been reliant in predicting both the dot com recession and the housing bust.

Click on image to read full article.

steem.jpg

Sort:  

I think the dollar tanking will only be great for crypto. Can't wait.

About ${allocated} has been spent to promote this content.

You got a 10.46% upvote from @brupvoter courtesy of @steemium!

This post has received a 35.36 % upvote from @boomerang.

You got a 26.06% upvote from @booster courtesy of @steemium!

NEW FEATURE:

You can earn a passive income from our service by delegating your stake in SteemPower to @booster. We'll be sharing 100% Liquid tokens automatically between all our delegators every time a wallet has accumulated 1K STEEM or SBD.
Quick Delegation: 1000| 2500 | 5000 | 10000 | 20000 | 50000

You got a 36.38% upvote from @minnowvotes courtesy of @steemium!

You got a 32.23% upvote from @oceanwhale courtesy of @steemium! Earn 100% earning payout by delegating SP to @oceanwhale. Visit www.OceanWhaleBot.com for details!

You got a 41.36% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!

Coin Marketplace

STEEM 0.36
TRX 0.12
JST 0.039
BTC 70112.96
ETH 3549.99
USDT 1.00
SBD 4.71