Joseph Carlson: Recession will happen

Said on Mar 30, 2022, at 12:02 in the video.

What was said
Joseph Carlson

@josephcarlsonshow

“i also operate under the assumption that eventually we will have a recession it is unavoidable at some point our economy will enter into a recession”
Watch at 12:02I Just Bought A New Stock
PredictionRecessionwill happenChecked at fixed windows, from 30 days to 5 years
What happenedafter 1 year
Incorrect

No recession is dated between Mar 30, 2022 and Mar 30, 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)
−0.200.20.40.60.811.2201920202020202120222023Said on Mar 30, 2022
−0.500.511.52019202020222023Said on Mar 30, 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——Apr 29, 2022——
90 daysR-MACRO-REC v4Incorrect——Jun 28, 2022——
180 daysR-MACRO-REC v4Incorrect——Sep 26, 2022——
1 yearR-MACRO-REC v4Incorrect——Mar 30, 2023——
3 yearsR-MACRO-REC v4Incorrect——Mar 29, 2025——
5 yearsR-MACRO-REC v4Pending——Mar 29, 2027——
Why: 30 days

No recession is dated between Mar 30, 2022 and Apr 29, 2022. More than 15 months have passed since the window closed, so the period is settled.

Why: 90 days

No recession is dated between Mar 30, 2022 and Jun 28, 2022. More than 15 months have passed since the window closed, so the period is settled.

Why: 180 days

No recession is dated between Mar 30, 2022 and Sep 26, 2022. More than 15 months have passed since the window closed, so the period is settled.

Why: 1 year

No recession is dated between Mar 30, 2022 and Mar 30, 2023. More than 15 months have passed since the window closed, so the period is settled.

Why: 3 years

No recession is dated between Mar 30, 2022 and Mar 29, 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 Mar 29, 2027.

What was said around it

unknown third party that hires gig workers now moving on we have another subject of recessions there's been a lot of chatter online about the upcoming recession i'm sure you've heard about it the inverted yield curve the high inflation that typically precedes recessions the increasing interest rates all of this stuff increases the chance of recession now i'm firmly in the camp that predicting a recession is very difficult most people will be inaccurate and i don't think it's something that you should worry about predicting but i also operate under the assumption that eventually we will have a recession it is unavoidable at some point our economy will enter into a recession and so every investment i make is one that i don't only want to survive a recession but i want it to actually flourish during a recession when i look at restaurants and the type of companies that will do well during recessions i think it will be the ones that offer the cheapest product the most convenience and the value proposition will go very far i look at pizza as one of the better categories because i think that pizza feeds a lot of people for cheap if you order one eight dollar or ten dollar domino's pizza you can feed

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