Investing.com UK on Nostr: nostr:note16zpeypv6ly5mcuc3gmyvty05ghxxn0hefj0mup544grkyxta484q32q0ua

quoting note16zp…q0ua

Recession Indicators Show Positive Trends After Flashing Warning Signs, Contradicting Previous State-Based Warning
===============
#4ec4e84a ver:0.5

Positive trends in recession indicators contradict previous warnings, suggesting minimal odds of a recession. The yield curve and Leading Economic Index have proven imprecise in predicting downturns. Other positive developments include maintained interest rates, rising home sales/prices, declining unemployment claims, and increased home construction. However, Grant Cardone advises caution. Relying on a few indicators is risky; a range of metrics should be considered. State-based recession warning was a false alarm, highlighting the need for diversified indicators and ensemble modeling. The Composite Recession Probability Index indicates a low probability of a recession. #economy #recession #indicators...

#newstr #Recession #Indicators #YieldCurve #LeadingEconomicIndex #FederalReserve #HomeSales #UnemploymentClaims #NewHomeConstruction

https://here.news/story/4ec4e84a?ver=0.5