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New Indicator Suggests a Recession Is Likely To Come in 2 Months
A main economic indicator is flashing signs of a recession and has historically been accurate for the last five decades. The indicator called the Heavy Truck Index which tracks the performance of the 10-month moving average of heavy truck sales is showing signs of a downturn after its recent peak.
Guilherme Tavares, the CEO of i3 Invest wrote that every time this occurred, the economy has slipped into a recession. He shared a chart on X indicating that the US might be less than three months away from a downturn. His prediction comes at a time when Dow Jones, Nasdaq, and the S&P 500 index hit new highs this year but are facing a bloodbath after Trump’s renewal of tariffs.
Also Read: Buy Cardano Now: Potential 550% Upswing Predicted, New Target $3.85## Recession Likely To Arrive Before October 2025
Also Read: A Lesson For Shiba Inu Holders in a Downturn: Not Every Day is Sunday
Also Read: A Lesson For Shiba Inu Holders in a Downturn: Not Every Day is Sunday**“Zero percent chance of recession? Despite an economy driven by massive stimulus and debt, the Great Heavy Truck Index is signaling caution ahead. According to it, there is a high probability we’ll enter a recession in the coming months. Although today’s economic dynamics are different, whenever the index has moved too far and begun to decline, it has historically signaled a shift in the cycle and a potential recession. Is this time different?”** he wrote on X.
“Zero percent chance of recession? Despite an economy driven by massive stimulus and debt, the Great Heavy Truck Index is signaling caution ahead. According to it, there is a high probability we’ll enter a recession in the coming months. Although today’s economic dynamics are different, whenever the index has moved too far and begun to decline, it has historically signaled a shift in the cycle and a potential recession. Is this time different?”
ZERO percent chance of recession?
Despite an economy driven by massive stimulus and debt, the great Heavy Truck Index is signaling caution ahead.
According to it, there is a high probability we’ll enter a recession in the coming months.
Although today’s economic dynamics are… pic.twitter.com/xgVLxD3RsG
However, on the brighter side, several countries are reaching out to the US to drop duties on goods and exports. The move could give the US an upper hand in trade with a new negotiating power over other nations. Therefore, the chances of a recession are not as serious as before.