Trump Criticizes The Federal Reserve

He's been critical of the Federal Reserve for having raised rates. One of the things President Trump said apparently was that when he nominated Powell he had expected him to be a easier money guy. That he nominated him thinking that he wouldn't have all these interest rate hikes and so he's disappointed that his nominee is not being as easy when it comes to monetary policy as what he had hoped when he appointed him.

The Weak Dollar Policy

It should be obvious that Donald Trump has a weak dollar policy whether he wants to name it a weak dollar policy or not.

The Next Recession

It's not that the inversion of the yield curve causes the recession. It's that's that long rates start to fall as investors start to look beyond the expansion to the next recession and they start pricing in the next round of rate cuts.

So it's not that the inversion causes the recession it simply is a good indicator that a recession is coming so you don't need an inverted yield curve to get a recession and we're gonna have a recession this time without the yield curve inverting given how little headway the Federal Reserve was able to make in normalizing interest rates.