Andrei Jikh: Recession will happen

Said on Jun 6, 2022, at 0:46 in the video.

What was said
Andrei Jikh

@andreijikh

“in all seriousness the recession is inevitable it's gonna happen at some point but no one knows when it's gonna happen it could be this year could be next year it could be 2024 no one knows”
Watch at 0:46The Layoffs Have Started | Recession Warning
PredictionRecessionwill happenby Dec 31, 2023
What happenedafter 1 year
Incorrect

No recession is dated between Jun 6, 2022 and Jun 6, 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)
−0.200.20.40.60.811.2201920202021202220222023Said on Jun 6, 2022
−0.500.511.52019202020222023Said on Jun 6, 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 6, 2022——
90 daysR-MACRO-REC v4Incorrect——Sep 4, 2022——
180 daysR-MACRO-REC v4Incorrect——Dec 3, 2022——
1 yearR-MACRO-REC v4Incorrect——Jun 6, 2023——
3 yearsR-MACRO-REC v4Incorrect——Jun 5, 2025——
5 yearsR-MACRO-REC v4Pending——Jun 5, 2027——
Stated deadlineR-MACRO-REC v4Incorrect——Dec 31, 2023——
Why: 30 days

No recession is dated between Jun 6, 2022 and Jul 6, 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 6, 2022 and Sep 4, 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 6, 2022 and Dec 3, 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 6, 2022 and Jun 6, 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 6, 2022 and Jun 5, 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 Jun 5, 2027.

Why: Stated deadline

No recession is dated between Jun 6, 2022 and Dec 31, 2023. More than 15 months have passed since the window closed, so the period is settled.

What was said around it

here's what it is jim cramer just told us he may be the only person who doesn't believe a recession will happen besides maybe jerome powell no it's gonna be even worse than we thought it's official we need no bigger proof than the kramer signal just kidding no one knows exactly when a recession will happen other than maybe the exotic dancers which are starting to say the exotic dance clubs are starting to become empty because it's either gas money or dance money and i know where my priorities are [Music] in all seriousness the recession is inevitable it's gonna happen at some point but no one knows when it's gonna happen it could be this year could be next year it could be 2024 no one knows for now though things aren't looking good and inflation is heating up with gas prices for example in some parts of california reaching almost 10 dollars a gallon it's kind of insane and this problem of inflation isn't just happening in the us it's a worldwide problem bank of canada for example recently said they were trying to bring down their inflation and now it looks like they're at a risk of a recession the uk is now seeing the highest levels of inflation in the last three decades europe just reached

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

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