Banks are Bracing for a Recession as Treasury Yields Surge

Always fascinating how badly missing on projections, as done in the OP of this thread, never seems to dull the pace at which the same people put out further projections of what would be happening in some alternative world.

 

If we do slide into recession it will be for one of two reasons: (1) it took Trump’s misguided policies nearly four years to have their pernicious effect on the economy or (2) Trump, working in concert with Putin, has figured out a way to bring down the economy, ahead of election, so as to sabotage Kamala’s election chances.