Since the end of World War II, there has NEVER been a time when the U.S. economy didn't slide into a recession after we had an inverted yield curve. This is usually defined when 2 year treasuries yield more than 10 year
treasuries. Within a few months the economy usually slides into a recession and by six months, we are usually entrenched in a recession. We should be into the slide right now and into a recession by September or October.

Furthermore, there's another form of inverted yield curve. When Fed rates (currently at 5.25%) are greater than 2 year treasuries (currently at 4.87%) we also have an inverted yield curve. That's been the case since late June.

I know people are predicting that the stock market will go up from here, but given this data, I tend to doubt it. My prediction is that the U.S. government will do its best to cover up any sign of a recession until the November election is over, but after that, expect to see numerous signs of a recession. In fact, I expect that the government will actually start to decrease interest rates early next year, but by that time, you can expect to see the economy really starting to tank.

I could be wrong about all of this, but I simply look at the data and report what I see. It doesn't look that good.