TV News LIES

Friday, Apr 03rd

Last update06:46:49 AM GMT

You are here News Economy There’s a 70% chance of recession in the next six months, new study from MIT and State Street finds

There’s a 70% chance of recession in the next six months, new study from MIT and State Street finds

E-mail Print PDF
Stock market recession predictedThere’s a 70% chance that a recession will hit in the next six months, according to new research from the MIT Sloan School of Management and State Street Associates.

The researchers created an index comprised of four factors and then used the Mahalanobis distance — a measure initially used to analyze human skulls — to determine how current market conditions compare to prior recessions.

“The Mahalanobis distance was originally conceived to measure the statistical similarity of the values of a set of dimensions for a given skull to the average values of those dimensions for a chosen group of skulls,” the researchers explained.

It measures the distance between a point and a certain distribution.

More...

 


Most Recent Related Stories...


US weekly jobless claims double to 6.6 million

Jobless claims double to 6.6m Amid the COVID-19 coronavirus crisis, weekly unemployment claims just once again reached a shocking new high. The...

U.S. markets sharply turn after three straight days of gains

US stocks signal steep decline U.S. markets plunged deep in the red Friday morning, interrupting a stellar three-day run and offering...

Trump signs $2T coronavirus relief package

Trump signs $2T coronavirus bill President Trump on Friday signed a bipartisan $2 trillion economic relief package aimed at helping American...

Jobless claims soar past 3 million to record high

jobless claims top 3.3 million Americans displaced by the coronavirus crisis filed unemployment claims in record numbers last week, with the...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!