Reading the ‘Recession Predictor’ 4/01/22

The bond market briefly flashed a warning that recession could be imminent; Joe Kernen, Becky Quick, Andrew Ross Sorkin, and CNBC’s senior economics reporter Steve Liesman explain Wall Street’s hype about the inverted yield curve. The other talk on Wall Street: a social breakfast between Activision Blizzard CEO Bobby Kotick and trader Alexander von Furstenberg that’s now in the center of official probes into insider trading concerns. Also caught up in the probes are billionaire magnates Barry Diller and David Geffen. Plus, China is in the thick of another battle with Covid, but here at home, former FDA Commissioner Dr. Scott Gottlieb says, we’re nearing the end of its pandemic phase. In this episode: Dr. Scott Gottlieb, @ScottGottliebMD Steve Liesman, @steveliesman Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Katie Kramer, @Kramer_Katie