How Convenient After The Election – Fed: Recession Certain?

(Before It's News)

Monty Pelerin / EconomicNoise.com

How convenient is it that the following information based on data from the Federal Reserve was not made public before the election:

What’s interesting about this index is the current reading. At 20%, the index is at a level that has ALWAYS been followed by a recession. As you can see below, the index has never approached 20% without a subsequent recession. All 6 recessions since 1967 have coincided with 20%+ readings in the US Recession Probabilities index.

http://www.economicnoise.com/2012/11/09/fed-recession-certain/

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