If young investors/analysts write 100-page memos about the economy, some of them conclude that inverted yield curve means economic contraction is coming, which is one of the most predicted recessions ever.
factualpending
Speaker
Unidentified Speaker — David Rubenstein, Billionaire Investor Who Hired Jay Powell… [4yULI38RRqU]Evidence Quote
“some of them might say oh the yield curve is inverted so uh economic contraction is coming uh how do you you know so number one what do you a lot of people expect a recession to come I actually think as a month or two ago Bloomberg uh session indicator was at 100”
Source
David Rubenstein, Billionaire Investor Who Hired Jay Powell, On What Makes A Great Investor— Forward GuidanceCreated: 8/11/2026, 12:59:58 AM
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