this is the FED measure of recession risk, watch this peaking then buy risk assets with both hands
this indicator doesnt lead by much, so if it flashes usually stocks crash immediatly
european bonds crashed WITH stocks! and spain peaked first and italy crashed first so this shows us they will be the problem in this sovereign debt crysis part 2, they also both rely for 14% of gdp on tourism which is now....gone thanks to wuhan flu
