Navarro keeps going on TV and saying he knows the inverted yield curve (which he calls "flat") doesn't signal recession because he "wrote several books on the efficacy of the yield curve as a leading economic indicator."
Here's what he wrote about yield curves in one of his books
Here's what he wrote about yield curves in one of his books
In 1st excerpt from Navarro's book, he mocks executives for not recognizing 2001 recession was coming b/c they "ignored" the "ominous progression of the yield curve" starting with a flattening in Nov '99. Here are avg yields for Nov 1999 vs past week
Here are several times over the past week when Navarro said he was an authority on yield curve inversions & the business cycle because he wrote "several books" on the subject
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