RECESSION FORECAST UPDATE
Intensity, LLC
January 3, 2020
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April 2020: Expected recession start date
March 2020 – July 2020: Expected range of recession start date (50% probability)
Probability of recession starting within:
• 6 months: 68.0%
• 12 months: 97.8%
• 18 months: 99.8%
• 24 months: 99.9%