One of the questions I seem to be getting all the time is “When is this recession going to end?”
To answer that, I turned to Lakshman Achuthan of the Economic Cycle Research Institute (ECRI). Their leading vs coincident chart provides insight into that question.
The cyclical turns in the leading occur before the coincident — they seem to diverge now and then, and that can be telling.
The current story they tell is clearly one of a quickly worsening recession with no end in sight:
ECRI Leading and Coincident Indicators
Short answer: No time soon. . .
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.