Coin Bureau: Recession will happen

Said on May 19, 2024, at 9:17 in the video.

What was said
Coin Bureau

@coinbureau

“considering that it seems to have a 2 to fouryear lag then it could be another year before the recession sets in”
Watch at 9:17When Recession?? What It Means For You & Your Portfolio!!
PredictionRecessionwill happenChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

No recession is dated between May 19, 2024 and May 19, 2025. 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)
−0.200.20.40.60.811.2202120222023202320242025Said on May 19, 2024
−0.500.511.52021202220242025Said on May 19, 2024

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 18, 2024——
90 daysR-MACRO-REC v4Incorrect——Aug 17, 2024——
180 daysR-MACRO-REC v4Incorrect——Nov 15, 2024——
1 yearR-MACRO-REC v4Incorrect——May 19, 2025——
3 yearsR-MACRO-REC v4Pending——May 19, 2027——
5 yearsR-MACRO-REC v4Pending——May 18, 2029——
Why: 30 days

No recession is dated between May 19, 2024 and Jun 18, 2024. More than 15 months have passed since the window closed, so the period is settled.

Why: 90 days

No recession is dated between May 19, 2024 and Aug 17, 2024. More than 15 months have passed since the window closed, so the period is settled.

Why: 180 days

No recession is dated between May 19, 2024 and Nov 15, 2024. More than 15 months have passed since the window closed, so the period is settled.

Why: 1 year

No recession is dated between May 19, 2024 and May 19, 2025. 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 19, 2027.

Why: 5 years

The window is still open. The result is due after May 18, 2029.

What was said around it

personal consumption and private investment the logic is that it's fundamentally these areas of the economy that drive real economic growth which does make sense the Duncan leading index then takes these specific measures and Compares them to broader GDP growth to get a sense of how much much of that headline number is actual consumption and investment versus Reckless government spending when that ratio starts to fall it suggests a recession is on the horizon according to EPB research the Duncan leading index started rolling over in 2021 considering that it seems to have a 2 to fouryear lag then it could be another year before the recession sets in you might think this isn't useful but it is because the severity of the recession can be forecasted using this indicator considering that the Duncan leading index seems to be in freefall this suggests that the upcoming recession if it occurs could be severe I'll quickly note that the Duncan leading index we showed you here is a modified version created by EPB research the link to their video about it is in the description anyways seeing as leading indicators suggest that a recession is indeed coming all we need now is a few to tell us when

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

See all