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Indeed

It's inflation adjusted wages. As in adjusted for changes in average costs of living. Most people don't spend all their money on TVs. they spend it on food, housing, transportation…

The peak was in 2008, as was the start of the Global Financial Crisis

Judging by Japan's example, a lot more. Though you never really know. It's like trying to predict just how much snow will cause an avalanche. All you can really do is look at it an…

The specific part that just inverted has inverted before every recession since 1957 (9 times) and given one false alarm in 1965