The inversion of the yield curve — when long-term interest rates drop below short-term interest rates — this week was seen as a warning sign to many that another recession was looming. But Friday morning’s housing start data means we shouldn’t sound the alarms just yet, according to Odeta Kushi, the deputy chief economist at First American.
Source: Inman News
Housing start data spells good news for recession fears: Economist
Published in first american, housing permits, housing starts, Markets & Economy, News Brief, Odeta Kushi, recession and yield curve
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