For fun ... recently we've seen another recession call for 2015, this time from the Jerome Levy Forecasting Center (following their an incorrect recession call in 2011). Over the last few years, there were several incorrect recession calls from ECRI and others. I disagreed with all of them, and I wrote I wasn't even on recession watch then, and I'm not on recession watch now! But why do we care? Here is a repeat of a post I wrote in early 2011 (with updated tables and charts): From 2011 [updates in brackets]: Here is something very different. This is NOT intended as investment advice. Why is there so much focus on ... (full story)