Sierra's Spath Says There's a 'Lot of Noise' Coming From EM

The video discusses global economic concerns, focusing on Turkey's issues and their potential impact. It analyzes China's slowing growth and its implications for global trade. The US economy is examined through key indicators, with a focus on investment opportunities in areas unaffected by global issues. The importance of housing starts and the yield curve as economic indicators is highlighted, emphasizing their role in predicting recessions.

What observations are made about housing starts and their implications for the economy?

What is the significance of the yield curve in predicting economic recessions according to the text?