Macro Podcast: Economic Data and Recession Signals
Can we use the yield curve to predict a recession?
Hello everyone,
We are back with another macro podcast. If you want to check out the previous podcasts, see them out here:
Here is the macro report that I mentioned in the podcast:
And here are all the educational articles:
Enjoy!
It is important to see the data as is and not how it must be interpreted based on our biases. My introduction to markets and economics was caught by the attention of economic doomers like the Money GPS, Peter Schiff and all those guys. While I learned a lot, unfortunately I was led to fear markets and high growth sectors because of the impending world ending yada yada and I missed a huge bull run because of it. I'm glad I've found more level headed people like you, Brent Johnson and a few others who don't scare you into buying their gold.
Once you realize most economic indicators are derived from econometric regressions on a historical data set the noise becomes so much quieter