The spread between 10 year US bonds and 2 year US bonds is currently at 5 year lows and will likely go negative post the fed rate hike next week. This would most likely cause the US yield curve to eventually invert and is a harbinger of a decelerating/recessionary economy going forward. Will tax cuts save the day? I doubt it.
Elon Musk Confirms Upgraded Grok-1.5 Chatbot Will Launch Next Week
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Musk also teased the development of Grok 2 in a Friday post on his social
media platform X.
5 minutes ago