— Topic —
3 receipts tracked • 100% industry hit rate
— Filed —
RECEIPT #ELYSE-
DEC 10, 2024
PREDICTION BY
Elyse Ausenbaugh“A cut in December looks likely.”
FOLLOW-UP
Elyse Ausenbaugh's prediction that "a cut in December looks likely" came true, with the Federal Reserve cutting its benchmark federal funds rate on December 11, 2024, as reported by CBS News.
ORIGINAL SOURCE
money.comRECEIPT #ROUBIN
SEP 07, 2006
PREDICTION BY
Nouriel Roubini“There is a risk that the U.S. growth slowdown that we are observing right now this year is going to end up in recession by early next year. So we're going to have a hard landing rather than the soft landing that most people believe.”
FOLLOW-UP
NBER dated the Great Recession to December 2007 — Roubini was about a year early but directionally correct, and the call was famously contrarian at the time.
ORIGINAL SOURCE
IMF / EconoMonitorEVIDENCE
RECEIPT #ROUBIN
SEP 07, 2006
PREDICTION BY
Nouriel Roubini“Even if the Fed were to start easing to avoid a recession, in my view it is not going to prevent the recession.”
FOLLOW-UP
Fed cut from 5.25% to 0% by Dec 2008 — recession came anyway and proved deeper than 2001.
ORIGINAL SOURCE
IMF / EconoMonitorEVIDENCE
