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3 Cards in this Set

  • Front
  • Back

That YC is the most ____

indicator in predicting...

It comes from the _ _ and is supposed to reflect the _ _ of _ an...

- accurate- The future course of the economy

- financial markets-

- collective wisdom-

– Investors –

... The likely direction of the economy and inflation

Since 1960, all _ _ _ have been preceded by...

– six US recessions

... An inverted YC months in adonce aVance

Once a _ is underway, short-term rates often _ as the _ for _ and _ dries up & the Fed...

– Recession

– plunge

– demand

– money & credit

... Pumps more funds into the economy to make borrowing even cheaper