At the University of Colorado Denver, Yosef Bonaparte has been researching yield curves for years, and believes concerns over a recession are overblown.
"I suggest do nothing, enjoy the day, ride the volatility," he said. "There is psychological research that shows people remember bad things. So they still remember 2007 -- what happened with this inverted curve, and then in 2008, the financial crisis," Bonaparte said.
He says low unemployment and strong spending among consumers will prevent another recession. “One-hundred percent, there won't be a recession," Bonaparte said.
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