Graham Stephan: Recession will happen

Said on Dec 28, 2022, at 1:22 in the video.

What was said
Graham Stephan

@grahamstephan

“the chances of a 2023 recession are getting Greater by the day with interest rates still increasing”
Watch at 1:22My Investing Plan For 2023 (How To Prepare)
PredictionRecessionwill happenChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

No recession is dated between Dec 28, 2022 and Dec 28, 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)
−0.200.20.40.60.811.2202020202021202220232024Said on Dec 28, 2022
−0.500.511.52020202120222024Said on Dec 28, 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——Jan 27, 2023——
90 daysR-MACRO-REC v4Incorrect——Mar 28, 2023——
180 daysR-MACRO-REC v4Incorrect——Jun 26, 2023——
1 yearR-MACRO-REC v4Incorrect——Dec 28, 2023——
3 yearsR-MACRO-REC v4Pending——Dec 27, 2025——
5 yearsR-MACRO-REC v4Pending——Dec 27, 2027——
Why: 30 days

No recession is dated between Dec 28, 2022 and Jan 27, 2023. More than 15 months have passed since the window closed, so the period is settled.

Why: 90 days

No recession is dated between Dec 28, 2022 and Mar 28, 2023. More than 15 months have passed since the window closed, so the period is settled.

Why: 180 days

No recession is dated between Dec 28, 2022 and Jun 26, 2023. More than 15 months have passed since the window closed, so the period is settled.

Why: 1 year

No recession is dated between Dec 28, 2022 and Dec 28, 2023. 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 Dec 27, 2025.

Why: 5 years

The window is still open. The result is due after Dec 27, 2027.

What was said around it

I'll stop asking so thank you guys so much much and also big thank you to Rocket money for sponsoring this video but more on that later alright so what makes this year so much different from the last is that we're finally facing the repercussions of higher interest rates skyrocketing inflation and declining fundamentals to the point where investing is no longer easy for example consumers are only spending more money because they're eating away at their savings Mass layoffs are only getting more common with investors sitting on the sidelines and the chances of a 2023 recession are getting Greater by the day with interest rates still increasing so it's a lot like navigating a Minefield of obstacles just to try to find the best way not to lose money in addition to that for a lot of newer investors 2022 was probably the first year you've ever experienced a substantial loss after getting accustomed to random stocks going up 20 to 50 in the day because they had a good press release so now that the markets are beginning to at least somewhat normalized here's my own investing blueprint throughout the next year that I believe should hold up fairly well even if the overall Market continues to

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