The Market Ticker - Interview with Dennis!

Yet another excellent segment with Dennis Tubbergen from RLA.

Here’s from their lede on the segment:

The yield curve has been inverted for over a year, which is unusual and suggests a recession is likely on the horizon. Our guest this week, Karl Denninger, discusses with your host, Dennis Tubbergen, the inverted yield curve and its implications for the economy, along with other economic indicators, such as retail sales and housing sales, which suggest that the economy is already in a recession. Denninger warns of the potential consequences of the US government’s high levels of debt and the need to refinance that debt at higher interest rates. He predicts that this could lead to higher borrowing costs across the economy and a significant drawdown in stock markets.

(Click link to read more)