Conventional leading economic indicators have been predicting a recession for some time now (e.g. yield curve inversion, durable goods orders, consumer confidence…). The latest jobs report contains data on an unconventional leading economic indicator. The ratio of private to public employees peaked leading into
New Evidence of Impending Recession
New Evidence of Impending Recession
New Evidence of Impending Recession
Conventional leading economic indicators have been predicting a recession for some time now (e.g. yield curve inversion, durable goods orders, consumer confidence…). The latest jobs report contains data on an unconventional leading economic indicator. The ratio of private to public employees peaked leading into