Replies to post #510441 on Tornado Alley (PROG)

[blackhawks]

I would amend the below to 'the republicans have called 9 of the 0 recessions that happened under the Dems'.

And the one thing that the republicans are good at, economic recession, is in the pipeline. Thankyou Joe and the Fed for the soft landing so that the GOP can step on the rake.

https://quoteinvestigator.com/2023/11/01/predict-nine/

The stock market has called nine of the last five recessions.
PAUL A. SAMUELSON, lecture at M.I.T., 1960

In 1987 U.S. economist Lawrence Summers referred to the joke in the pages of “The New York Times”:7

There’s an old quip: “The stock market is a terrific economic forecaster. It has predicted 11 of the last five recessions.” The market meltdown does not presage another depression. With suitable policy responses, it need not even signal a significant decline in the economy.