Recession Predicted for 2024 by Economist Cam Harvey Cam Harvey, the economist known for identifying the predictive power of the Treasury yield curve for recessions, warns of a likely downturn in 2024. His model indicates that a recession follows when yields on 3-month Treasury bills exceed those on 10-year notes for at least three months, a situation known as an official inversion. This pattern has consistently predicted the last eight recessions without any false signals and has been in place for 12 months now. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold's Unprecedented Surge: Beyond Geopolitical Turmoil READ MORE Gold Price Trades With a Positive Bias for the Sixth Straight Day READ MORE Stocks End Mixed as Powell Signals Delayed Rate Cuts READ MORE America's $35 Trillion Debt: A Ticking Time Bomb for Future Generations READ MORE U.S. Private Sector Hiring Exceeds Expectations, Adding 192,000 Jobs in April READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment