Yes there there is a recession coming.
But, the billion-dollar question is when ?

The inverted yield curve has predicted 7 of the last 3 recessions.

… that’s right 7 of the last 3. It often is premature or wrong. These indicators all point to a slowing economy, but they really cannot predict the depths of the slow-down and how far down for how long they will last and whether it reaches recession status.