I tend to believe they are correct.
Let me see.. Hmmmm... Who has been in the White House for the past four years?
Of this I have no doubt.
The Yield Curve’s ‘Infallible’ Recession Signal Failed This Time
Oct. 04, 2024 10:35 AM
James Picerno
https://seekingalpha.com/article/4725032-yield-curves-infallible-recession-signal-failed-this-time
This coincides with United States ISM Manufacturing PMI, which shows our manufacturing sector in contraction since Oct 2022. It had been trending down prior to that since Biden took office, albeit still in expansion territory thanks to the Trump administration.
Trying to read and understand this stuff showed how out of date my BS, MBA and this soon to be 86 year old, are.
later
My prediction is that someone honest will be in charge of the government in 2025.
Further, I predict that the government will then admit that the economic numbers are not good, and that we are in a recession.
Lastly, I predict that the media will trumpet the news that Donald Trump is responsible for the world’s longest recession, which has lasted from 2022 into at least January of 2025.
[Recession Since 2022: US Economic Income and Output Have Fallen Overall for Four Years]
Democrat Joe Bidenomics
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Easy to believe: In early 2020 Rat Party Governors,with the help of a few Trump hating RINO Governors,brought the economy to its knees with their criminal lock downs in anticipation of the election...and it’s been downhill since then.