4 ms·

9/5 is terrible accuracy.

• dannyw 5y ago
  In the investment industry, 9/5 is excellent.
  • hdjjhhvvhga 5y ago
    How do you mean? Looks like an equivalent of a coin flip to me.
    • harimau777 5y ago
      I'm not super knowledgeable in this area, but one possibility is that the "9 of the 5" only gives the number of times that it predicted that there would be a recession. There could be many more times that it accurately predicted that there would not be a recession.
    • 55555 5y ago
      If you flipped a coin every day in order to determine whether or not a recession would start, you'd be wrong 99% of the time.
      • josephcsible 5y ago
        How do you figure? Wouldn't you be wrong 50% of the time?