2024-05-01 10:20:00 ET
Summary
- The probability the U.S. economy will see a recession begin sometime in the next twelve months has started to fall again during the past six weeks, after having hit a double-top.
- The Recession Probability Track indicates the probability a recession will someday be officially determined to have begun sometime in the next 12 months.
- Another way to interpret the double-top pattern is to consider that it extends the period in which the highest probability of recession is elevated.
The probability the U.S. economy will see a recession begin sometime in the next twelve months has started to fall again during the past six weeks, after having hit a double-top ....
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Recession Probability Falls After Hitting Double-Top