We examined SP-500 behavior in the lead to and during US recessions a few years ago in an old research note (Recession – Just how much warning is useful anyway?) to conclude that more than 5-months warning before a recession was not constructive, and that you should focus on recession warning models that stuck to a 4-6 month historical lead time as close as possible. Given the “voluntary” sudden-stop of the U.S economy due to Coronavirus lock-downs, we are faced […]
Archive | April, 2020
