Episode
IL51: Why Most Recessions Are Completely Misunderstood ft. Tyler Goodspeed
- Podcast
- Top Traders Unplugged
- Published
- Jul 29, 2026
- Duration seconds
- 3694
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/top-traders-unplugged-761537/episodes/il51-why-most-recessions-are-completely-misunderstood-ft-tyler-goodspeed/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/top-traders-unplugged-761537/il51-why-most-recessions-are-completely-misunderstood-ft-tyler-goodspeed.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
Why do recessions happen? Tyler Goodspeed joins Kevin Coldiron to challenge some of the most deeply held beliefs in economics. Drawing on more than three centuries of data from the United States and the United Kingdom, he argues that recessions are rarely the inevitable consequence of excess or financial imbalances. Instead, they are often triggered by unexpected external shocks that are difficult to predict. The conversation explores why expansions do not simply die of old age, why recessions fail to cleanse the economy, and what policymakers and investors should focus on instead when preparing for an uncertain future. ----- 50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE ----- Follow Niels on Twitter , LinkedIn , YouTube or via the TTU website . IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here . And you can get a free copy of my latest book “ Ten Reasons to Add Trend Following to Your Portfolio ” here . Learn more about the Trend Barometer here . Send your questions to [email protected] And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast. Follow Kevin on SubStack & read his Book . Follow Tyler on LinkedIn and Read his Book . Episode TimeStamps: 00:00 - Why recessions are often caused by unexpected shocks 00:54 - Tyler Goodspeed's research into four centuries of economic history 06:05 - Why economic expansions do not die of old age 13:48 - Debunking the boom and bust theory of recessions 18:13 - Does monetary policy matter as much as we think 21:57 - Financial crises, credit growth and w…