IL51: Why Most Recessions Are Completely Misunderstood ft. Tyler Goodspeed

Why do recessions happen? Tyler Goodspeed joins Kevin Coldiron to challenge some of the most deeply held beliefs in economics. Drawing on more than three centuries of data from the United States and the United Kingdom, he argues that recessions are rarely the inevitable consequence of excess or financial imbalances. Instead, they are often triggered by unexpected external shocks that are difficult to predict. The conversation explores why expansions do not simply die of old age, why recessions fail to cleanse the economy, and what policymakers and investors should focus on instead when preparing for an uncertain future. IT's TRUE 👀 - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: www.toptradersunplugged.com/Ultimate And you can get a free copy of my latest book "Ten Reasons to Add Trend Following to Your Portfolio" here: www.toptradersunplugged.com/10-reasons-optin Send your questions to [email protected] Follow Niels & Kevin on Twitter: @TopTradersLive & @kcold1 And please share this episode with a like-minded friend and leave an honest rating & review on iTunes and Spotify so more people can discover the podcast.