The Recession Checklist: When To Start De-risking Portfolios

David Rosenberg, the Chief Economist for Glufkin-Sheff, frequently publishes his favorite recession indicators. Many of the below indicators are taken from his list, although some of them have been modified. If you ever get a chance to read his newsletter, I recommend that you do so. His writing is understandable and cogent to the regular investor, while still being well-fortified in economic history and fact. I track many of his leading economic indicators on a monthly basis. Below is a list of seven indicators that have an accurate track record of predicting recessions.