1: The employment picture is worsening (slightly): Initial claims up 56% from March low Job postings on Indeed down 16% since Jan 1 Year-over-year change in average weekly hours is negative Meanwhile, companies continue to announce layoffs: 2: A strong US dollar is pressuring Emerging Market governments that have heavy USD-denominated debts. This is because the cost of servicing this debt, in local currency terms, has become more expensive.
Ten Rules of Thumb for Predicting Recession
Ten Rules of Thumb for Predicting Recession
Ten Rules of Thumb for Predicting Recession
1: The employment picture is worsening (slightly): Initial claims up 56% from March low Job postings on Indeed down 16% since Jan 1 Year-over-year change in average weekly hours is negative Meanwhile, companies continue to announce layoffs: 2: A strong US dollar is pressuring Emerging Market governments that have heavy USD-denominated debts. This is because the cost of servicing this debt, in local currency terms, has become more expensive.