🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Analyst: The end of the yield curve inversion means that the economic recession is truly here.
Kryptonian data, news on August 5th, the financial website Forexlive analyst Adam Button said that since 1955, the yield curve has been forecasting the US economic recession. However, the real indicator of the recession is not the curve inversion, but the curve returning to normal. We can think of it as a storm forecast, the inversion indicates the formation of the storm, and the removal of the inversion indicates the landing of the storm, especially in the front-end dominant bull steep period. We will not see a recession before the data shows it, but the market is definitely contracting. In addition to the slope of the curve, the yield on the 2-year US Treasury bond has dropped by 20 basis points, nominally 170 basis points lower than the Intrerest Rate of the Federal Reserve, and this situation would not occur if there were no real problems in the economy.