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Podcast: My Worst Investment Ever Podcast
Episode: ISMS 2 - The Man Behind the Most Successful Recession Indicator Questions It
Description: Did the man who discovered the most successful recession indicator abandon it?Click here to get the PDF with all charts and graphsIn a recent LinkedIn post, Campbell Harvey outlined why his yield curve inversion theory, which has a perfect record of predicting recessions, may no longer work. He concludes that we may not get a recession in 2023.He argues that the labor market is strong compared to the past two recessions. Unfilled jobs are still high, and skilled workers losing their jobs have shorter periods before getting a new job.<...