Big drop in Employment rate.US Employment Rate.
Lowest level in last 70 years was 55% employment rate.
dropped to 51% last year.
Another reason to stay Bearish, if employment is down and interest is up that isn't a great sign?
When interest rates are high its harder to pay back debt so companies can layoff employees, can create a viscous cycle as jobs recessed.
What is an economy made of?
Jobs are fundamental and providing some kind of Proof or work to generate an asset, product or service for sale adds value to an economy, circulation adds value to an economy, lower costs on sustainable resources adds value to an economy.
What else adds value to an economy?
We need to find a way to tie all these markets and concepts together that are easier for Joe to understand.
Employment rate
Interest rate
Money Supply
Equities and Bonds
Currency and exchange rates
Companies, Corporates and stocks
Assets and commodities
If we drop below the red dotted 50% line that means that more people in the US are without jobs than with them, very important to stay above 50% employment rate
