US RECESSION ALERT: Sahm Rule is an indicator, signaling when the US economy is in a recession. If 3-month moving average of the unemployment rate rises by 0.50 percentage points or more, relative to its low in last 12 months it suggests the US is in a recession It is now 0.43
One red flag in the US jobs report: Share of those unemployed for longer than 15 weeks rose to its highest since the pandemic. We only see this type of pattern during the early stage of a recession. Not a sell reason today. But cracks are showing & worth monitoring $USD
