Hmm...a lot companies going bankrupt while the economy "booms" - feels funny.
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Got data or just anecdotal?
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There are several things pointing to an upcoming recession mid term though. There's Shiller's CAPE, and this too: https://www.frbsf.org/economic-research/publications/economic-letter/2018/march/economic-forecasts-with-yield-curve/ …
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Does shillers cape predict recessions? I thought it was only indicative of long-term market returns?
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