An inverted yield curve has occurred before the last seven United States recessions. This year the gap between the two-year and ten-year treasury bond yield turn negative (inverted yield curve).

On August 14, the Dow Jones industrial average dropped 800 points, the worst decrease of the year. At the end of July the US Federal Reserve cut interest rate by 0.25 per cent but that did not stimulate the United States economy.


I confess I am a fan of Commissioner of Police, Gary Griffith. When I said in Parliament tha…