The Recession Just Hit The Job Market
Eurodollar University
English - March 10, 2024 11:00 - 19 minutes - 36.4 MBInvesting Business News Business News eurodollar university jeff snider monetary order central banks alhambra investments inflation deflation economy depression recession Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
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Evidence for US recession and labor market woes are getting much stronger. While everyone fixates on the growing absurdity of the payroll revisions, the CPS data threw up THREE very strong recession signals, each historically validated, showing this isn't a short-term fluctuation or narrow, isolated occurrence. Plus, a fourth signal that is entire consistent with those other three. Employment recession changes everything.
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