GO short @18400
SL ✋ - 18600
TARGET 🎯- 17000
RR - 1:4
Comment:
Many investors believe the Fed is reaching a critical point in its battle against inflation. And the next couple of months are widely expected to determine whether the Fed can navigate a so-called soft landing for the U.S. economy without tipping it into a recession.
In addition to slowing GDP growth, the U.S. Treasury yield curve has been inverted since mid-2022, a historically strong recession indicator. The New York Fed’s recession probability model suggests a 58.3% chance of a U.S. recession within the next 12 months.
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In addition to slowing GDP growth, the U.S. Treasury yield curve has been inverted since mid-2022, a historically strong recession indicator. The New York Fed’s recession probability model suggests a 58.3% chance of a U.S. recession within the next 12 months.