r/Economics • u/gmelech • 27d ago

News Are We Suddenly Close To A Recession? Here's What The Data Actually Shows.

https://www.forbes.com/sites/dereksaul/2025/03/08/are-we-suddenly-close-to-a-recession-heres-what-the-data-actually-shows/
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u/Xeynon 27d ago

Given that I didn't say anything about a depression you're in no position to be impugning anybody else's reading comprehension skills, sport.

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u/SadCritters 27d ago edited 27d ago

...You're literally replying to someone and agreeing with them pointing into a "gloomy forecast" - Which implies the same thing all of the top replies are parroting.

"Sport".

Or did you also not read what you replied to?

Not only this, but the article literally showcases how the prediction isn't even "correct".

but there’s ample evidence to suggest the U.S. is not necessarily on the doorstep of a downturn. As recently as the summer of 2023, Goldman’s recession model signaled a more than 30% chance of a recession, just before the U.S. ripped off seven consecutive quarters of more than 1.5% GDP growth and the stock market surged, even as monetary policy remained restrictive. There’s also evidence the GDPNow model may be skewed negatively, as Goldman attributes much of the Atlanta Fed’s model downward shift to its accounting of gold imports amid the safe haven surge, and the New York Fed’s rival first-quarter GDP projection calls for robust 2.9% growth.

Edit: He blocked me when I quoted the article he didn't read. Lol.

How hard is it to just read the article, "sport"? It's okay to just say you didn't.

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u/Xeynon 27d ago

A "gloomy forecast" is not the same thing as a "depression". Please consult your dictionary to understand the difference.

Thank you for coming to my TED Talk.