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.
I think that it is fair to say that a recession is right around the corner, I might take it a step further and say that we are in the beginning stages of a recession right now. When looking at the Market Indicators tab, I saw the Treasury Yield Spread and thought that showcased some valuable information. I compared the Recession of 2008’s numbers to the numbers of 8-31-2022 and noticed how it is seemingly on the same downward path. The dip started on 4-30-2022 and doesn’t seem like it’s stopping anytime soon. It has plateaued since 8-31-2022, but I think that it’ll continue to trend downwards, further showcasing the beginning of a recession that is soon to come.