Yield Curve Signals Warning for the Economy, Says Cam Harvey

The video discusses the significance of inverted yield curves, historically linked to recessions. It examines current yield curve structures, highlighting economic warnings. The speaker reflects on past observations where yield curve inversions accurately predicted recessions. A debate ensues on whether these signals indicate a recession or merely slower growth. The video concludes with an explanation of the economic theory connecting yield curves to future economic growth.

What does the speaker mean by 'code red' in the context of economic indicators?

What alternative outcomes does the speaker consider if a recession is avoided?