This Chart Predicts Every Recession (it’s happening again)

Here in the comment section to fight the bots 😡😤

economists have predicted 15 of the last 3 recessions

I own a natural gas utility. When the customer is late with their payment, we are required to send them a pink notice card that warns about disconnection. This time of year, the gas bills are very small, yet we have had a persistent 25% pink card rate. So my pink card indicator remains very elevated. This worries me.

Wife: "Why are you watching porn??" Me: "Honey, I'm just researching the Stripper Index..."

Can’t you just make a collection of all of these random recession predictors and create the ultimate Index.

I can guarantee you it's not just strippers in Vegas...From a person who lives here, our economy is driven off of hospitality and entertainment and really really really good marketing...Vegas is the most empty I've ever seen it....

Youtube experts have said that since 2020 hahaha

Useful only after 9:10 IMHO. Just skip to 9:10.

The Stripper Index 2.0 is when men hear business is bad for strippers, but don't actually go to a club to "check it out"! Recession double confirmed!!

I think a good indication of recession coming is increased sales of grocery items that have lower unit price. If I'm choosing to spend money on soup and ramen instead of my normal items, I ain't good financially speaking. Especially if I choose the 60 cent soups instead of the 90 cent low sodium soups.

The indicator flashes the signal not when the spread starts to be negative, but when it corrects itself back up. Then there is usually a recession in the next 6-12 months. This works becouse inverted high inverted yield curve isn't great for the economy and FED is reactive and not proactive. They start lowering rates when they see economy going to sh*t and not before. This uninverts the yield curve and flashes the signal. Which is what is happening now.

Very timely video given the sharemarkets crashed today! Well done 👍

My mother and her twin sister were strippers from 2008 - 2012, I was 6 - 10 during those years. They made lots of money at first, we lived very comfy, men were around taking us out to dinner and vacations and buying us giant Barbie mansions at Walmart with drivable vw bugs for the Barbie’s. I’m telling you, men had money. And then.. they didn’t. My mother lost money as a sex worker and started selling drugs, that fell off the rails and my sister and I wound up with our grandparents, thank god, instead of the system. My mother is sober now, 10 years later. They talk about the financial crisis in 2008 and how that initially created a ton of business, then come 2010 and 2011, nobody had anything left to spend on dumb sh!t.

The yield curve can stay inverted for a very long time.

Call them 'Freakonomics' indicators lol. I always find these stories interesting, thanks Hamish!

The pawn stores are also a big indicator. Data shows people are selling and not buying.

That's crazy, 1 day after you've posted the video the japanese stock market dropped and a lot of US companies and cryptos dropped with it. Huge coincidence or maybe you've predicted the next recession with perfect timing lol.

I work at a high volume law office. Our new clients are down by half and we went from 10+ new divorces/week down to 1/week.

Lol the stripper index is a poor indicator since there is a rise in digital media and services of adult entertainment... next gen aren't going to strip clubs just like how we now stream movies at home rather than visit the theaters

This is right up there with reading tea leaves and casting lots. This sounds like" information" you might hear at a casino.