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A comment on ‘A Powerful Signal of Recessions’ Has Wall Street’s Attention. Parent comment
As someone elsewhere notes, since the 60s we've had a recession every 5 to 10 years. Were there two recessions a year apart that I missed?
EDIT: Ah, the other commenter supplied it as the mean length of an economic cycle, measured peak to peak or trough to trough.
But a trough in the economic cycle isn't necessarily a recession unless the trough is two quarters of negative GDP growth.
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As someone elsewhere notes, since the 60s we've had a recession every 5 to 10 years. Were there two recessions a year apart that I missed?
EDIT: Ah, the other commenter supplied it as the mean length of an economic cycle, measured peak to peak or trough to trough.
But a trough in the economic cycle isn't necessarily a recession unless the trough is two quarters of negative GDP growth.