'The bond market is screaming at us': A Wall Street expert says investors are focused on the wrong recession signal — and warns a meltdown may come sooner than expected
Business Insider -

Raoul Pal, the former hedge fund manager who founded Real Vision, says popular metrics used to dispel the notion of an imminent recession are too backward-looking to be effective.

He instead points to the following evidence that a meltdown is coming soon than most think: a worsening Purchasing Managers Index, impending turmoil in corporate debt markets, and bond-market activity signaling extreme investor nervousness.

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