Could economists today be fixated on the half-empty glass of the economy?

A 2018 IMF research paper concluded that economists tend to miss predicting recessions, just as they tend to miss strong economic booms. Yet recessions don’t just happen out of the blue, they’ve historically been preceded by certain economic conditions. Listen in as Philip Petursson, Chief Investment Strategist for IG Wealth Management, discusses which economic conditions he pays attention to.