Yield Curve jitters

wow,

I wake up ans hear the US market has gone backwards big time  because of an inverted yield curve.
See Menzie Chinn:

• wall-street-haruspicy-watch
• implications-of-yield-curve-flattening-for-the-uk

I have been a yield curve junkie for a log time and I have found an inverted yield curve will predict a recession if caused by a central bank raising short rates. Not so when bond yields fall.

Thus New Deal Democrat is not as worried as the markets about the US.

update:
Uneasy Money