Image Source: The signal is a steepening yield curve driven by a decline in the 2-year yield. This has preceded or coincided with nearly all recent market declines and recessions.There are a few examples of the 2-year yield declining but then making a lower high amid an over-bullish stock market. The market then declines considerably after the lower high.Video Length: 00:08:22More By This Author:Gold To Soar After Stock Market Blow-Off Top Gold Stocks Setting Up For Post-Market Bubble Bull Market Powell’s Political Pivot & Impact On Gold