See 0:35 in this FoxBusiness snippet in which he admits that by the 2-quarter rule-of-thumb we might end up being in a recession, but opines that what Americans “feel” is a better definition.
Interestingly, he makes no reference to his assertion (never retracted) that we’ve been in recession since 2022, to wit:
Source: Antoni and St. Onge (2024).
My analysis of this wildly detached-from-reality and irreproducible result here.
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