ilmscore | Prediction Details
"recessions are never confirmed until much, much later. For example, the Great Recession that began in December of 2007 was not officially announced until December of 2008, only a few months before it officially ended. The recession before that began in March of 2001, but they didn't call it a recession until November later that year. And this continues with about a 6 to 12-month delay until we actually know we are in a confirmed recession."
By Graham Stephan | October 26, 2022 | Pending
From video
How To Use The 2023 Recession To Get Rich 00:06:58 - 00:07:24
Interpreted Prediction
Recessions are typically confirmed with a 6-12 month delay after they have already begun, as seen with the Great Recession (2007-2008) and the 2001 recession.

Prediction Details

Topic
Recession Confirmation Lag

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