Monday, December 24, 2018

Stock market and Steve Mnuchin: Google searches for 'recession' are the highest they’ve been since November 2009 - The Washington Post

Stock market and Steve Mnuchin: Google searches for 'recession' are the highest they’ve been since November 2009 - The Washington Post: Recent market turmoil, driven in part by the chaos in President Trump’s White House, has many analysts wondering whether another recession is on the horizon.

It’s not just the financial pros who are worried: Data from Google shows that searches for “recession” are at their highest level since November 2009, just a few months after the end of the Great Recession.

Google’s data shows the overall volume of searches for a given topic, relative to its peak. In the case of “recession,” searches peaked in January 2008, just after the start of the last recession. If “recession” searches in January 2008 were a 100, searches in December of this year have so far topped out at a 34. That means current interest in “recession” as a topic is about one-third of what it was in January 2008. The last time there were this many searches was in November 2009, which scored a 35.

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