CycleWatch

Signals › Composite & Model Benchmarks

TS_EBP · CycleWatch

Term spread + EBP probit

AUROC ~0.88. The number to beat, full stop.

Latest reading

4.36

% chance of recession within 12 months · observation 2026-10-02, published 2026-10-02

Last 24 observations.

Signal

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Not in the fit. No verdict.

Use
Benchmark: scored against the model, never an input

Where it fits

Composite & Model Benchmarks: Adjudicate the model. NOT inputs. The model averages the standardised signals in each block into a block score, then combines the twelve block scores in a probit. Today the 12-block model reads 1.6%.

Other signals in this block