"In economics a prediction itself can alter the object of the prediction. Hence, for certain kinds of ecomomic phenomenon, forecasting can be a logical impossib

"In economics a prediction itself can alter the object of the prediction. Hence, for certain kinds of ecomomic phenomenon, forecasting can be a logical impossibility." - Kaushik Basu. I think recession definitely falls under this category. And calling out a recession while we are already in it is not really a prediction.