Almost the entire yield curve has gone inverted now.
The only part of the yield curve that is not inverted is the long end with the 20 year and 30 year, which is usually the last to invert before a recession.
This is the same thing the yield curve did before the double dip recessions in the 1980’s, the .com tech crash, the Asian crisis, and the S&L crisis.
If Powell wants to fire Trump, all he needs to do is raise interest rates a quarter point one more time.
Inverting yield curve, worst 6 months of the year, what’s your next move Chess master?