So I by that indicator we are in a recession and we don't know that it's over yet; it's been falling.

所以我，通过那个指数，我们正处于经济衰退时期,并且我们不知道它是否结束；它一直在下降。

耶鲁公开课 - 金融市场课程节选

That index is now way below the lowest that it got in the 2001 recession.

这个指数现在正低于,2001年经济衰退时最低的指数。

耶鲁公开课 - 金融市场课程节选