What is Nostr?
learnaboutbit / Learn About Bit
npub12h2…9cgq
2024-08-09 18:47:00

learnaboutbit on Nostr: 3 red flags we’ve seen as of recent for the economy: 1. The Sahm Rule was triggered ...

3 red flags we’ve seen as of recent for the economy:

1. The Sahm Rule was triggered last Friday with unemployment rising to 4.3%.

2. The VIX (volatility index) hit levels not seen since the brief recession in 2020 and the Global Financial Crisis (2008) on Monday.

3. The yield curve is nearing un-inversion. Historically, when the yield curve un-inverts, that is when we see clearer signs of a recession.

It’s unlikely that we’re seeing all of these recessionary signals coincidently. I’m expecting to see some more things fall apart in the near future.

#economy #sahmrule #vix #investing
Author Public Key
npub12h2pk4fg6gp4erd22593as03ddmx8h9ed96xpdqm77m7rh3fp4dsrd9cgq