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Powerline Blog
Power Line
5 May 2023
Steven Hayward


NextImg:The Daily Chart: The Cost of Bidenomics

Who knows if we have a recession coming, but the Biden economic team seems to be doing their best to increase the chances. Here’s the latest on our inverted yield curve, which is usually a strong sign of recession ahead:

For historical comparison, it looks like the long-term trend of falling interest rates may be over:

In the market to buy a house? Here’s what Bidenomics means for your mortgage payment:

And business activity looks to be slowing down:

But at least spending for “green energy” is going great!