💥🚨To date, this chart shows the longest inversion since 1929.

However, the recession in the American economy has not yet arrived.

Usually, the market would have fallen by at least 30% with such indicators.

Conclusion: My opinion is that the markets have not fallen yet only because a lot of money has been printed and poured into the economy since Covid. That is, the Fed bought up American treasuries, as well as other securities, to provide the market with liquidity.

Now, the opposite tightening is underway. That is, the Fed is pouring these illiquid securities into the market, taking back the money supply. Thus, money becomes more expensive and there is less liquidity in the market.

All this is now holding the market back. But a critical point will come when the market digests all this and it simply has nothing to hold on to. And then we will see a correction of at least 30%, and quite possibly up to 50-60%.

But everything will depend on the speed of withdrawal of money from circulation...