First published by Money Metals Exchange here:
https://www.moneymetals.com/podcasts/2022/11/18/investors-arent-buying-the-feds-hawkish-posturing-002630
As warning signs for the economy mount, investors are cheering for more bad news. That's because they expect economic weakness will force the Federal Reserve to stop raising interest rates and eventually re-embrace loose monetary policy. One reliable indicator over the years of an upcoming recession is an inverted yield curve. An inversion occurs when short-term interest rates rise above long-term rates.
