America’s recession signals are flashing red. Don’t believe them
We assess a range of measures
An early-warning system for recessions would be worth trillions of dollars. Governments could dole out stimulus at just the right time; investors could turn a nice profit. Unfortunately, the process for calling a recession is too slow to be useful. America’s arbiter, the National Bureau of Economic Research, can take months to decide. Other countries simply look at gdp data, which emerge with a lag.
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This article appeared in the Finance & economics section of the print edition under the headline “Rules are rules”
Finance & economics August 24th 2024
- Kamala Harris’s cost-of-living plan will end in failure
- America’s anti-price-gouging laws are too minor to be communist
- America’s recession signals are flashing red. Don’t believe them
- Why don’t women use artificial intelligence?
- Why investors are not buying Europe’s revival
- Investors should avoid a new generation of rip-off ETFs
- Artificial intelligence is losing hype
From the August 24th 2024 edition
Discover stories from this section and more in the list of contents
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