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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