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There’s a 70% chance of recession in the next six months, new study from MIT and State Street finds
A new study from the MIT Sloan School of Management and State Street Associate says there’s a 70% chance that a recession will occur in the next six months. The researches used a scientific approach initially developed to measure human skulls to determine how the relationship of four factors compares to prior recessions. The index currently stands at 76%. Looking at data back to 1916, the researchers found that once the index topped 70%, the likelihood of a recession rose to
