WARNING: Bond Market is Flashing Recession Signal

Concerns grow as the U.S. 5-year and 30-year Treasury yields on Monday inverted for the first time since 2006, which historically an inverted yield curve indicates signs of recession. Also, President Biden announced his plan to hike corporate tax rates from 21% to 28% in his budget proposal on Monday, March 28th, 2022. David Nicholas discusses his thoughts on the current events, and how they can potentially impact the market.