Make your argument based on your analysis of the given charts. Discuss timing and depth of changes in the economic data relative to recessions in at least 50 words.
There are many ways to indicate if a recession is around the corner or not. First we will look at one of the most important indicators which is the housing market. The monthly growth rate has began to decline but there is not an extreme depth in the decline leading me to believe a recession is not around the corner.Second we will look at the volatility spikes and after some evaluating it seems like fairly stable. There is a slight increase but not a sharp spike like 2020. There is no reasons that indicate a spike like 2020 had due to the Covid protocols. The yield spread is showing a decrease since the 2020 pandemic which is a good sign. I don’t love what I am seeing from the consumer sentiment but with the indicators that I spoke briefly about above I am in full belief that a recession is not around the corner.