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NEW POST: "Part 2: #Recession2020, Really? A Review of the Data" macro-ops.com/part-2-recessiā€¦ I talk about the popular hysteria building around #recession2020 and then share my dashboard of recession indicators.
1/I don't spend much time trying to "predict" an event as complex as a recession 12m out because that's a fool's errand. Rather, I trade the market in front of me and keep an eye on a number of signals & change my trend bias when the data says to. Here's what I look at
2/ The Conference Board LEI which has a median lead time of 10-months is at cycle highs currently and positive on a YoY% basis.
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