Claudia Song
👤 PersonAppearances Over Time
Podcast Appearances
And the SOM rule works for a couple of reasons. Number one, it identifies trends and not just the jittery ups and downs of month-to-month job numbers because it's using an average. So if the SOM rule triggers, you can be sure that unemployment is really going up. It's not a fluke.
And the SOM rule works for a couple of reasons. Number one, it identifies trends and not just the jittery ups and downs of month-to-month job numbers because it's using an average. So if the SOM rule triggers, you can be sure that unemployment is really going up. It's not a fluke.
And the SOM rule works for a couple of reasons. Number one, it identifies trends and not just the jittery ups and downs of month-to-month job numbers because it's using an average. So if the SOM rule triggers, you can be sure that unemployment is really going up. It's not a fluke.
OK, so then what does the SOM rule say about whether there is a recession right now?
OK, so then what does the SOM rule say about whether there is a recession right now?
OK, so then what does the SOM rule say about whether there is a recession right now?
That's right. It is okay to upsize your necklace clock. Men, it is okay to buy new underwear. Men, you can buy new underwear. Please do buy new underwear. Because in this moment, we are not in a recession according to the Psalm rule. What is the best part and worst part of having a recession indicator named after you?
That's right. It is okay to upsize your necklace clock. Men, it is okay to buy new underwear. Men, you can buy new underwear. Please do buy new underwear. Because in this moment, we are not in a recession according to the Psalm rule. What is the best part and worst part of having a recession indicator named after you?
That's right. It is okay to upsize your necklace clock. Men, it is okay to buy new underwear. Men, you can buy new underwear. Please do buy new underwear. Because in this moment, we are not in a recession according to the Psalm rule. What is the best part and worst part of having a recession indicator named after you?
No, no. For that, we turn to Professor Menzi Chin. He teaches economics at the University of Wisconsin-Madison and has spent years studying our collective ability to predict recessions.
No, no. For that, we turn to Professor Menzi Chin. He teaches economics at the University of Wisconsin-Madison and has spent years studying our collective ability to predict recessions.
No, no. For that, we turn to Professor Menzi Chin. He teaches economics at the University of Wisconsin-Madison and has spent years studying our collective ability to predict recessions.
Well, let me ask you this. Have you noticed that maybe your students are perhaps a bit more interested in talking about recession indicators? Absolutely. I would say possible recession indicator.
Well, let me ask you this. Have you noticed that maybe your students are perhaps a bit more interested in talking about recession indicators? Absolutely. I would say possible recession indicator.
Well, let me ask you this. Have you noticed that maybe your students are perhaps a bit more interested in talking about recession indicators? Absolutely. I would say possible recession indicator.
And the predictor of recessions Menzies wound up studying?
And the predictor of recessions Menzies wound up studying?
And the predictor of recessions Menzies wound up studying?
So the yield curve is simply a graph. Showing all of the different interest rates that you would get for all of the different kinds, different durations of U.S.
So the yield curve is simply a graph. Showing all of the different interest rates that you would get for all of the different kinds, different durations of U.S.