For the first time since 2005, the 10 year treasury yield fell below the 2 year treasury yield. This yield curve has preceded the last seven recessions dating back to 1969, with the most recent being 2007-2009. The yield curve inversion can occur several months to a couple years before the start of a recession.
Here is a Yahoo! Finance article with more details.
Although I have been trickling small amounts into stock purchases, I will be consciously taking profits and reducing equity holding over the next six months to a year.
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