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agip
RE: Down goes the Dow
D:

I'm not a big believer on something as simple as party holding the white house meaning anything. strikes me as data mining. You could probably find that when a left handed president is in office markets rise.

anyway

here's another thing to worry about - the yield curve is flattening quickly - if it inverts that is a very very good leading indicator of a recession.

https://research.stlouisfed.org/fred2/series/T10Y2Y

It's not inverted now, but it wouldn't take much to get there.

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