What recession indicators were discussed in the text?
Bloomberg Market Wrap 9/12: S&P 500 Closing In on High, Yield Curve, Oil
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The video discusses the S&P 500's recent performance, highlighting its proximity to record highs and the influence of moving averages. It then shifts to the bond market, noting rising yields and the re-steepening of the yield curve, alongside significant inflows into high-grade bond funds. Finally, it examines recession indicators, including yield curve inversion and oil price trends, with insights from experts on the likelihood of a recession.
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How have oil prices related to past recessions according to the analysis?
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