A Recession Indicator That Predicted Every Downturn Since 1969 Started Flashing Months Ago
Recession indicator that predicted every downturn since 1969 started flashing months ago—and a Wall Street veteran warns it always works on a delay.
Recession indicator that predicted every downturn since 1969 started flashing months ago—and a Wall Street veteran warns it always works on a delay.
Myles Udland wrote in yesterday, recession clock, so to speak, has been reset. For past year always around the corner, according to pundits.
First half of '23 will close Friday. When it does Wall Street's big prediction for '23 will officially be a bust, market did not fall no US recession.
US equities in for tumultuous second half of year as lagging impacts of aggressive monetary tightening by the Fed catch up to the economy.
The case for an economic recession remains very weak as massive tailwinds continue to support growth.
Odds of a U.S. recession have been hotly debated with the labor market and consumer spending showing resiliency.
Investors digested a rush of economic data on Thursday which showed the economy continues to perform better than feared.