A year ago, the US yield curve inverted, raising the probability of a recession as such moves so often have signaled in past market cycles. Equity markets have defied the gloom, though, and the long forecast earnings recession that was expected to follow has been harder to spot than the economic recession. Our guest this week, Fred Goodwin, argues that all may be about to change, with many of 2023s winning views at risk. See omnystudio.com/listener for privacy information.