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Recession Indicators Show Positive Trends After Flashing Warning Signs, Contradicting Previous State-Based Warning /
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2024-04-30 19:02:55

Recession Indicators Show Positive Trends After Flashing Warning Signs, Contradicting Previous State-Based Warning on Nostr: Recession Indicators Show Positive Trends After Flashing Warning Signs, Contradicting ...

Recession Indicators Show Positive Trends After Flashing Warning Signs, Contradicting Previous State-Based Warning
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#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

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