US Treasury Yield Curve Inverts Most Since 1982 And Fed Chair Volcker (S&P 500 Declines -1.8% On Fed Announcement)

Well, ain’t this a kick in the head!

The US Treasury yield curve inverted by the most since 1982 and Fed Chair Paul Volcker. Of course, inverted yield curves occurs before recessions.

Then we have the S&P 500 index dropping -1.8% today.