I'm with you on the 'too young to know from experience' boat, though there are groups that have been trying to measure the probability of recession through macr

I'm with you on the 'too young to know from experience' boat, though there are groups that have been trying to measure the probability of recession through macro indicators across consumption, production, and employment. https://www.chicagofed.org/publications/cfnai/index https://www.chicagofed.org/publications/cfnai/index From speculation, while there are tons of factors that may be giving this business cycle legs, I think one that's not spoken of enough is that many business may be a bit less cyclical today. Thanks to the cloud, companies can scale up and down on a whim rather than slowly build up an excess of hardware and staff to maintain them. Even industrial companies like rail car manufacturers have gotten smarter by leasing factories on short term and using temporary labor.