I traced back at 3 recessions looking at Business cycle peak, inversion start and recession start. I do notice that there is a small pattern of the Dow increasing right after the bond yield inversion begins and then a quick drop into recession. I have also included our current 2009 to my estimated 2019.
The US still has hopes for a trade deal between China, but I am feeling that China will wait out this president before they cut a deal which could send the US in recession. Thoughts?
Using 2007 leading indicators recession patterns, today MOC compared to 2007, I am estimating a recession between 9 to 18 months. Granted that the 2007, recession was due to the housing crisis, 2019 is more about the trade crisis.