Does SPX vs PMI divergence signal upcoming recession?
No, not really. Only 3 of 7 divergences signaled recessions in the last 50 years. Besides, some recessions did not have any divergence.
So data doesn't support the recession is coming thesis.
Red flag -> Divergence with recession following
Green flag -> Divergence w/o recession
? -> No divergence signal before recession
(This post is in response to some comments I received)
So data doesn't support the recession is coming thesis.
Red flag -> Divergence with recession following
Green flag -> Divergence w/o recession
? -> No divergence signal before recession
(This post is in response to some comments I received)
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.