U.S. markets tumble after key indicator triggers recession worries
August 14 at 9:30 AM ET
All major stock indexes sank after the yield on the 10-year Treasury bond fell below the rate on the 2-year Treasury bond.
This phenomenon, known as an inverted yield curve, has been a reliable, early indicator of a recession. It last occurred before the 2008 Great Recession.
Hear that? It's the sound of good conservatives trying to throw each other out of the way to jump into the "I never liked him anyways" lifeboat, as Gzus intended.
It's okay though. We've got the receipts on everyone who's supported and defended this shit show.