Today’s podcast brought the holiday humor on Black Friday, and Sarah Wheeler even created a Logan Bingo Card, trying to get me to say certain things.
I hope you all enjoyed a wonderful Thanksgiving with your family, yes, even for my 24/7 American doom and gloom crowd. We have all gone through a crazy historical period since March 2020, and we still are here to debate the state of the economy. Being together and staying healthy is something we can all be thankful for.
My theme has always been economic cycles come and go, but in the end, All American Bears have failed since 1790. Let’s go! USA soccer today!
It has been a crazy period in economics since the American is Back recovery model was written on April 7th, 2020, because the 10-year yield was above 0.62% on that day. The St. Louis Financial Stress Index was coming down already. Retired this model on December 9th, 2020.
As each economic cycle expands, we have red flags and warnings in each economic expansion that enters a recession. I have six recession red flags, which I was asked to present to the Conference Board council this year. The sixth and final recession red flag raised was introduced on August 5th, 2022
As always, economic cycles come and go, but as I talk about in the podcast, All America bears have failed since 1790. Have a wonderful weekend
“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, a financial writer, and a 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