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Mike Shedlock: Calling 8% recession odds doom porn draws attention

Mike Shedlock: Calling 8% recession odds doom porn draws attention
Debate over recession odds and doom porn

Mike Shedlock, author / blogger at MishTalk, comments on the perception of recession forecasts.

Shedlock notes that labeling an 8% and declining chance of recession as "doom porn" is notable, suggesting the term may be applied even to relatively low-risk economic outlooks.

Shedlock has previously weighed in on macroeconomic uncertainty and U.S. policy expectations. He recently highlighted a 70 percent chance of a Fed rate hike before the U.S. election, noting potential political reactions. In another report, he outlined that the largest share of Iran’s frozen assets is believed to be held in China.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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