This is purely an information post. This is not financial advice. I'm not a goddamned psychic. Etc. Etc.
In short, the yield curve is climbing and may soon reach the threshold which has historically predicted recessions.
Look at the chart and make up your own mind. Questions welcome.
Green positive, red negative yield curve.
Blue is dow jones index.
Red vertical lines indicate where yield curve first turns negative.
As you can see, at least historically, market continues to do well for some time (years) after yield curve first turns negative.