Economist Darda Says the ‘Jury’s Still Out’ on U.S. Economy

The video discusses various economic indicators, focusing on jobless claims as a short-term recession predictor. It highlights the significance of an inverted yield curve and the peak of recession probabilities in the US. The discussion concludes with an outlook on how economic data might evolve in the coming months.

Which of the following is NOT mentioned as a potential indicator of economic recovery?

• Company earnings

• Stock market trends

• Consumer figures

• Jobless claims

What is the typical behavior of jobless claims before a recession?

• They decrease significantly

• They start to increase

• They fluctuate randomly

• They remain constant

How long before a downturn do jobless claims usually provide a signal?

• A few months

• Several years

• Several days

• A few weeks

What economic phenomenon was observed in the US and some other countries this year?

• A decrease in consumer spending

• An inverted yield curve

• A prolonged period of economic growth

• A rise in inflation rates

When did the 12-month forward recession probabilities peak in the US?

• Last December

• This August

• This January

• Last March