🔊Curve Inversion Signal Might Be Early This Time: Goldman Sachs

Since the 1980s the curve would invert and lead a recession by 20 months on average. We're worried this time the signal will be earlier than that due to high inflation regime. Our economists have put the probability of a recession at 20-35%, we like real assets and gold as a recession hedge, but there's also a case for oil in the commodity space. - Goldman Sachs Strategy via BTV