Weak Data Says a Recession Has Already Started, Let’s Now Discuss When
by Mike Shedlock I’ve seen enough. A recession has started. Let’s discuss starting with a very good indicator that has few false positives and no false negatives. Unemployment Data from the BLS, Calculation and Chart by Mish What is the McKelvey Recession Indicator? Take the current value of the 3-month unemployment rate average, subtract the … Read more