US Recession Probabilities Index Says “Yes”, My Indicators Say “No” – Is This Time Different?
Posted on November 09, 2012 at 08:07 AM EST
The US Recession Probabilities Index is currently at a level that has ALWAYS been followed by a recession. Interestingly, however, I don’t see recession signals in the internal indicators that I follow and which have been right for a long time now so this clearly puts that opinion in the “this time is different” category - or does it? Words: 255