'70% chance of recession in the next six months', new study from MIT and State Street finds

[enhanced_deficit]

Profits prophets of gloom n doom are back.
Granted there has been heavy QE by Deep Politics/Deep Fed to inflate Wall Stareet and the non-bubble economy is being stimulated by big deficit spending, it is wise to publish pessimistic predictions in national news?

There’s a 70% chance of recession in the next six months, new study from MIT and State Street finds

Published Wed, Feb 5 2020

Key Points

• A new study from the MIT Sloan School of Management and State Street Associate says there’s a 70% chance that a recession will occur in the next six months.
• The researches used a scientific approach initially developed to measure human skulls to determine how the relationship of four factors compares to prior recessions.
• The index currently stands at 76%. Looking at data back to 1916, the researchers found that once the index topped 70%, the likelihood of a recession rose to 70%.

There’s a 70% chance that a recession will hit in the next six months, according to new research from the MIT Sloan School of Management and State Street Associates.

cnbc.com/2020/02/05/70percent-chance-of-recession-in-next-six-months-study-from-mit-and-state-street-finds.html

 

[timosman]

Wasn't there a connection from MIT Media Labs to Epstein?

 

[oyarde]

Profits prophets of gloom n doom are back.
Granted there has been heavy QE by Deep Politics/Deep Fed to inflate Wall Stareet and the non-bubble economy is being stimulated by big deficit spending, it is wise to publish pessimistic predictions in national news?



cnbc.com/2020/02/05/70percent-chance-of-recession-in-next-six-months-study-from-mit-and-state-street-finds.html

The great and wise Oyarde predicts zero percent chance of a recession within 6 months since it takes two consecutive quarters of negative growth to be a recession. I did not go to MIT but I have checked a lot of skulls , been to Holiday Inn and State Street . Ten or eleven months from new years you may have accurate data for Apr - June and July - Sept , about election time . I am not expecting decline .

 

[enhanced_deficit]

Wasn't there a connection from MIT Media Labs to Epstein?

That rings a bell... hopefully there is no Epstein related factor here.

The great and wise Oyarde predicts zero percent chance of a recession within 6 months since it takes two consecutive quarters of negative growth to be a recession. I did not go to MIT but I have checked a lot of skulls , been to Holiday Inn and State Street . Ten or eleven months from new years you may have accurate data for Apr - June and July - Sept , about election time . I am not expecting decline .

Tend to agree on tachnical point/ specific timeline claim but a slowdown is likely ahead following the history of economic cycles and QE/Wall Street manipulations link.

 

[RonZeplin]

It's the Socialism, stupid

Donnell's wealth spread socialism is a failure. Duh

Neo-Socialist

 

[oyarde]

So we all agree there will be no recession known by end of june or sept.