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
https://here.news/story/4ec4e84a?ver=0.5
Recession Indicators Show Positive Trends After Flashing Warning Signs, Contradicting Previous State-Based Warning /
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2024-04-30 19:02:55
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npub14p88davm0zx4xjnkfvmc9w43arnyrsxkyaw6vpyqht8mmw2vxpeslfjl6qPublished at
2024-04-30 19:02:55Event JSON
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"content": "Recession Indicators Show Positive Trends After Flashing Warning Signs, Contradicting Previous State-Based Warning\n===============\t\n#4ec4e84a ver:0.5\n\nPositive 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...\n\n#newstr #Recession #Indicators #YieldCurve #LeadingEconomicIndex #FederalReserve #HomeSales #UnemploymentClaims #NewHomeConstruction \n\n https://here.news/story/4ec4e84a?ver=0.5",
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