US10Y-US02Y = Yield Curve. The Yield Curve has predicted each of the previous market crashes. The markets are crashing now but is it really the beginning of a bigger market crash? OR are the markets just very volatile and have more last push up? Maybe yes for the US Markets.
In 2000, the market peak was when the yield curve was still negative (-0.3%). In 2007, the market peak was when the yield curve was at 0.5%.