GnS Economics Newsletter

GnS Economics Newsletter

Daily Forecasts

At a Historical Threshold

Will this time be different in U.S. recession forecasting?

Tuomas Malinen's avatar
Tuomas Malinen
Feb 04, 2026
∙ Paid

Today, I post just a short commentary. We have reached a historical marker in recession forecasting. In all of measured history, whenever the yield curve of the U.S. has reached this level, recession has began within a month.

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