"Economist Claudia Sahm has shown that when the unemployment rate’s three-month average is half a percentage point higher than its 12-month low, the economy is in recession."

"It's designed to detect an acceleration of job losses, and it successfully predicted the prior nine US recessions going back to 1970."

"A reading of 0.5 would represent an official trigger for the rule"

"the odds of a September rate cut have been increasing, now standing at 72% — up from a 47% chance a month ago.".

We're at 30% drawdown from Bitcoins ATH. What happens when the fed cuts rates in September?