Another Recession Signal Has Triggered

First and foremost, I want to clarify that I am not someone who promotes doom and gloom or a "recessionista FED PIOVITOOR."
However, I have been consistently bearish on the stock market, as evidenced by my calls on TradingView. I believe in keeping
things simple, yet not overly simplistic. In fact, I first began sounding the alarm about a recession signal being triggered
(note the keyword "triggered") in September 2021, as shown in this chart.


A trigger does not imply immediacy, but rather indicates readiness. The chart I'm sharing, depicting the
employed-to-population ratio, is straightforward yet compelling, as it indicates that we have reached the
peak of productive output. Consequently, it is now triggering another signal for an impending recession.

To conclude, I want to emphasize that I don't rely on some kind of crystal ball model with rigid data points to predict recessions.
I leave that fortune-telling stuff to the supposed "experts." In fact, the outbreak of Covid demonstrated that no one had any
real clue about what was happening, while I was vigorously expressing my bearish views. I prefer a dynamic analysis approach,
where I remain open-minded and flexible, and only focus on what matters when it matters. This approach has served me well
over the years, but it's important to note that what concerns me now may not necessarily apply to future recessions.
Each one will be unique, with a different set of data that will be relevant.

The recession triggers are mounting.