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US 3M yield

3 month yield vs recession?

By jonesrj
A clear pattern is showing -- at least for the two previous recessions -- when looking at the 3-month yield on monthly chart. The long stochastic has given strong indication twice before and is signaling imminent recession again. We'll see how it plays out, but I am more convinced than ever recession is very near and may have already begun.
OscillatorsrecessionSPX (S&P 500 Index)S&P 500 (SPX500)

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