Although the yield curve remains stubbornly flat despite the economy's emergence from post-financial crisis malaise, bank stocks are on the verge of an upside breakout.
But don't take our word for it – the Oracle of Omaha himself is putting his money where his mouth is.
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Jerome Powell and the central bank will send the U.S. economy hurtling into contraction mode no later than the winter after next.
How can I be so sure of my claim? Well, one very reliable indicator is flashing red.
In fact, it's so dependable that since 1980, it has predicted the advent of every recession, right around a year to 18 months ahead of time.
And right now, it's approaching the critical level.
See, the Fed's raising of short-term rates is causing the yield curve to flatten. From there, it's a short trip to outright inversion. Once it inverts, two-year Treasuries will yield more than 10-year Treasuries.
Once that happens, a major peak in stocks – then a recession – is all but totally certain within the next year and a half.
by David Zeiler
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For years, followers of cryptocurrency have awaited one major development that would boost prices to the heights they've long dreamed of – large institutional investors like pension funds investing in Bitcoin.
Together, the world's top 22 pension markets are worth a hefty $41.4 trillion. With all cryptocurrencies combined worth just over $300 billion, it's not hard to see how a small portion of that could move cryptocurrency prices substantially higher.
Despite this, pension funds have yet to climb aboard the crypto train.
This is the obstacle holding them back - and it won't be long before it's removed...
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