Today’s podcast is about why I raised the 5th recession red flag with the last housing starts report. We are now down to one last red flag. The last time this happened, was in 2006 when all the Red Flags were up. Remember, my recession model is a progression model. It isn’t designed to be a glory-hound trolling recession caller like we see on the internet and T.V. daily for years.
I am no longer writing for my blog; all my work can be found at HousingWire; you can use my LoganVIP50 code to join HousingWire Plus.
HousingWire has made this article not part of HousingWire Plus; it provides charts to back up why I raised the Recession Red flag last week.
Builders Survey Data:
For some of you attending this event, it will be nice to finally speak to some of you in person.
“We have always held to the hope, the belief, the conviction that there is a better life, a better world, beyond the horizon.” Franklin D. Roosevelt
Logan Mohtashami is a Lead Analyst for Housing Wire, financial writer, and blogger covering the U.S. economy with a specialization in the housing market. Logan Mohtashami, now retired, spends his days and nights looking at charts and nothing else.