When Unemployment rate goes up, markets crash
The boxes show when the SPX is crashing.
The correlation is huge!
As soon as the unemployment rate bottoms and starts climbing, the SPX goes down.
Maybe we'll start creating a bottom in the unemployment rate, once that happens, start paying attention!
As soon as the rates reverses, I would say that would be a great time to sell your equities!
Market top in 2023 IMO.
The correlation is huge!
As soon as the unemployment rate bottoms and starts climbing, the SPX goes down.
Maybe we'll start creating a bottom in the unemployment rate, once that happens, start paying attention!
As soon as the rates reverses, I would say that would be a great time to sell your equities!
Market top in 2023 IMO.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.