[quote=FlyerInHi]SK, looking down memory lane at past recessions, excluding the 2008 Great Recession and the 2001 9/11 induced recession, what leading indicators of recession were obviously missed by observers?[/quote]
Quite a few didn’t miss it. Housing starts and initial unemployment claims. That recession was triggered by a black swan event. (liquidity disappeared) It would have happened irrespective of that event.
