The SMFP Recessionometer

How many of the classic recession warning signs are flashing right now — shown in full, so you can judge for yourself.

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Low
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High
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The signals, in full

How to read this

The Recessionometer is not a forecast. It counts how many well-known warning indicators are currently in the territory that has preceded past downturns, and shows every one so you see the full picture rather than a single mystery number.

The dial is weighted: the yield curve and the unemployment trend count double, because they have the strongest real-world track record. A high reading means caution is warranted — not that a recession is certain. Plenty of these signals have flashed before downturns that never arrived.

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We update the readings every month. Get the new reading and a plain-English note on what moved — free, unsubscribe any time.

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For financial advisers

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