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)
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.