Is there room to say that we're not in a recession, or is that just political nonsense? I'll agree with half of what you said, andd disagree with thaf ok souh. The only hesitancy i have on that is that there have been some episodes where the decline in jobs began after the start of the recession. And this gets a little complicated inte recession dating, which is a little bit of an art morearcane thing. But technically speaking, see none of these things.
MacroVoices Erik Townsend and Patrick Ceresna welcome ECRI co-founder Lakshman Achuthan to the show to discuss the technical definition of recession, why we’re already in one, and why Lak says there more risk to the downside than to the upside for equities. https://bit.ly/3AzFbTe
Download ECRI charts: https://bit.ly/3RdHC5a
✅Sign up for a FREE 14-day trial at Big Picture Trading: https://bit.ly/2JjZR7J
Please visit our website https://www.macrovoices.com to register your free account to gain access to supporting materials