Andrei Jikh: Recession will happen

Said on May 22, 2023, at 14:10 in the video.

What was said
Andrei Jikh

@andreijikh

“in my opinion the recession is not canceled yet”
Watch at 14:10The 2023 Recession Is Cancelled…?
PredictionRecessionwill happenChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

No recession is dated between May 22, 2023 and May 21, 2024. 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)
−0.200.20.40.60.811.2202020212022202220232024Said on May 22, 2023
−0.500.511.52020202120232024Said on May 22, 2023

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——Jun 21, 2023——
90 daysR-MACRO-REC v4Incorrect——Aug 20, 2023——
180 daysR-MACRO-REC v4Incorrect——Nov 18, 2023——
1 yearR-MACRO-REC v4Incorrect——May 21, 2024——
3 yearsR-MACRO-REC v4Pending——May 21, 2026——
5 yearsR-MACRO-REC v4Pending——May 20, 2028——
Why: 30 days

No recession is dated between May 22, 2023 and Jun 21, 2023. More than 15 months have passed since the window closed, so the period is settled.

Why: 90 days

No recession is dated between May 22, 2023 and Aug 20, 2023. More than 15 months have passed since the window closed, so the period is settled.

Why: 180 days

No recession is dated between May 22, 2023 and Nov 18, 2023. More than 15 months have passed since the window closed, so the period is settled.

Why: 1 year

No recession is dated between May 22, 2023 and May 21, 2024. More than 15 months have passed since the window closed, so the period is settled.

Why: 3 years

The window is still open. The result is due after May 21, 2026.

Why: 5 years

The window is still open. The result is due after May 20, 2028.

What was said around it

after their final rate increase was only just two months now we've already seen our last interest rate increase in May of this year so sometime later this year we might see interest rates go down the FED is telling us that won't happen but data shows that it actually might now if you're in the market to buy something you might get an opportunity to get that lower rate later this year personally I don't try to time the market which is why I always dollar cost average into it but at least I do try to understand it now I personally love to hear your thoughts about this because in my opinion the recession is not canceled yet in the meantime focus on your own investment journey I hope you have a wonderful rest of your day smash the like button subscribe if you haven't already don't forget to grab your free stocks links are down below go track them automatically with the spreadsheet linked Down Below in my patreon love you thank you so much for watching this video I'd love to see you back here on Monday Friday sometimes a Wednesday see you soon bye-bye

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