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Author Talks: Why recessions aren’t as predictable as you think

McKinsey Insights & Publications·6 months ago
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#mckinsey#shocks#recessions#cyclical#random

Are recessions cyclical—or just random shocks in disguise? Tyler Goodspeed, ExxonMobil’s chief economist, challenges long-held assumptions, arguing downturns stem from unexpected shocks, not cycles.

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