Graham Stephan: Recession will happen

Said on Jun 1, 2022, at 0:13 in the video.

What was said
Graham Stephan

@grahamstephan

“it's all but confirmed that we're very likely to head towards a recession”
Watch at 0:13It’s Over: Why The Middle Class Is Financially Screwed
PredictionRecessionwill happenChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

No recession is dated between Jun 1, 2022 and Jun 1, 2023. More than 15 months have passed since the window closed, so the period is settled.

30 days

Incorrect

90 days

Incorrect

180 days

Incorrect

1 year

Incorrect

The window it was checked over

RecessionWindow checkedRecession (NBER)
−0.200.20.40.60.811.2201920202021202120222023Said on Jun 1, 2022
−0.500.511.52019202020222023Said on Jun 1, 2022

NBER-based recession indicator: Federal Reserve Bank of St. Louis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked
Result at every window
WindowResultAt the startAt the endChangeBenchmark
30 daysR-MACRO-REC v4Incorrect——Jul 1, 2022——
90 daysR-MACRO-REC v4Incorrect——Aug 30, 2022——
180 daysR-MACRO-REC v4Incorrect——Nov 28, 2022——
1 yearR-MACRO-REC v4Incorrect——Jun 1, 2023——
3 yearsR-MACRO-REC v4Incorrect——May 31, 2025——
5 yearsR-MACRO-REC v4Pending——May 31, 2027——
Why: 30 days

No recession is dated between Jun 1, 2022 and Jul 1, 2022. More than 15 months have passed since the window closed, so the period is settled.

Why: 90 days

No recession is dated between Jun 1, 2022 and Aug 30, 2022. More than 15 months have passed since the window closed, so the period is settled.

Why: 180 days

No recession is dated between Jun 1, 2022 and Nov 28, 2022. More than 15 months have passed since the window closed, so the period is settled.

Why: 1 year

No recession is dated between Jun 1, 2022 and Jun 1, 2023. More than 15 months have passed since the window closed, so the period is settled.

Why: 3 years

No recession is dated between Jun 1, 2022 and May 31, 2025. More than 15 months have passed since the window closed, so the period is settled.

Why: 5 years

The window is still open. The result is due after May 31, 2027.

What was said around it

what's up guys it's Graham here so usually when I see a mistake or something that shouldn't be happening I like to call it out and share my thoughts because investing is something I take extremely seriously and today is no exception during a time where investor sentiment has fallen to extreme fear it's all but confirmed that we're very likely to head towards a recession and unfortunately according to his study the vast majority of investors are already making a huge mistake and quite literally doing the exact opposite of what they should be if they want to make money this comes at the same time that the fednier's another 50 basis point rate hike in both June and July earnings are getting worse with Morgan Stanley warning of another 10 pullback and a wild turkey is attacking people in DC while multiple agencies are in Pursuit and one man protected himself with the rolled up plastic fence yes that is a real story anyway let's

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