pull down to refresh
44 sats \ 2 replies \ @Undisciplined 3 Sep \ on: Does the Sahm Rule Point to a U.S. Recession? econ
This is a very strange economy. We've had so many recession indicators going off, pretty much since the pandemic.
It's true that after the pandemic some past dynamics have changed. What struck me most about this indicator is its accuracy in past recessions. Only time will tell if this is yet another indicator that won't work.
reply
Yield curve inversion also has a perfect record, up to this point.
reply