Is this widely followed recession indicator wrong? Too many bears may be bullish. Another year, another inbox zero strategy.
Economist who pioneered use of closely followed recession tool says it may be sending ‘false signal’ (MarketWatch)
When it comes to markets and the economy, history tells us you should be immediately be suspicious when someone says “this time is different”. Yet that’s what Campbell Harvey, the economist who discovered the relationship between the yield curve and recessions, is arguing in this article. His indicator has predicted every recession since 1955 so it’s saying something that he thinks it could be wrong.
Wall Street’s sleuth of bears is growing (Sam Ro)
I can’t remember this many bears roaming Wall Street since 2009. As one analyst in the piece is quoted as saying, this is a bullish sign. We’ll find out in 12 months.
How to process all of your inboxes (in under 25 mins) (Rad Reads)
Inbox zero seems to make my list of New Year’s resolutions every 365 days, and it’s always the first one to fall. If I use this strategy, maybe this time will be different. (smile)
Everything you’ve ever wanted is on the other side of fear.George Addair