US RECESSION ALERT: Sahm Rule is an indicator, signaling when...

  1. 1ronnie
    22,796 Posts.
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    06/07/24
    09:57
    Post #: 74635281
    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

    https://x.com/GlobalMktObserv/status/1809293669666623875

    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

    https://x.com/VPatelFX/status/1809205960969187691
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    lightbulb Created with Sketch.  Great analysis
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