Its Over, page-22658

  1. 22,764 Posts.
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    This is an ominous sign The unemployment rate has moved above its 36-month MA Such a development has happened 10 prior times since 1952 Every single time, it ended in a recession This time is NOT different

    https://x.com/GameofTrades_/status/1808853453776826855

    More downward revisions The change in total nonfarm payroll employment for April was revised down by 57,000, from +165,000 to +108,000, and the change for May was revised down by 54,000, from +272,000 to +218,000. With these revisions, employment in April and May combined is 111,000 lower than previously reported

    https://x.com/chigrl/status/1809203944977285310

    ....deflation narrative starting to ring louder.
 
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