Why is the market seemingly suddenly so obsessed with unemployment?
Look at this chart to see how, once unemployment begins to tick higher, the momentum that carries the economy into recession is virtually impossible to stop.
Discussion
James you gotta verify your NOSTR account somehow so we know this one is legit. Plenty of people are bound to try to impersonate you on here
I thought I did that. I’ll confirm
You'll know it's there when you have the checkmark and a "james@[websitename].com" below your profile name.
Great meeting you at the conf btw 🫡
How does unemployment tie into the Sahm Rule?
We could have a 2000 rise which wasn’t awful. 2008 is scary tho