Deutsche Bank Models Suggest U.S. Recession Odds at New Highs

The blokes over at Deutsche Bank have a predictive model for American recessions that they’d like to share with you. Moreover, the model is more bearish now than at any time during this ridiculously absurd 7 year expansion–suggesting we’re about to dive–HEADLON–into economic recession.

The gist of this doom filled prediction lies with the yield curve and the spread between the 2s and 10s. They are, as you readily know, at its narrowest spread since 2007.

Deutsche Bank banking analyst, Steven Zeng, says the model portends a 55% chance of sweet delicious recession inside of 12 short months.