Because US downturns are unequaled, it is vital to tease out the odds of a recession by harnessing the proprietary weekly Recession Odds (weRO) indicator.
Boomeranged on Tue, 26 Sep 2023 16:19
Even though participants at last week’s FOMC raised their GDP growth projection for this year and next, Chair Powell noted that a "soft landing", though plausible, is not necessarily a baseline expectation at this time. The gist of this piece, by harnessing a proprietary indicator of weekly recession odds, appears to be consistent with Powell’s underlying message.
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