canadian unemployment and united states unemploymentAmerican unemployment rate has always been strictly correlated to Canadian unemployment. With the last report we saw Canadian unemployment spike up to 6.1%. What will happen to United States unemployment rate in the next months?by dexmorgan8711Published 1
Recession 2023? Is it going to happen?Traders! Previous data show that in the years 1980 and 2007 unemployment was increasing and interest rates were decreasing. It looks, similar is going to happen in the year 2023.Shortby Me_chartPublished 335
Divergences and Inflection Points.These charts speak for themselves. Be cautious. by Breakout_ChartsPublished 2
A Clear Signal of Economic ContractionUnemployment vs. Central Bank Tightening We know there's a shifting of the tides. With unprecedented Monetary Policy to rescue the economy due to never before seen economic maladies. Dotcom, Housing Market Collapse, and now the C-19 Pandemic. We saw the Fed's policies fail during the Great Depression, could we continue to trust this policy to course correct an inherently broken system? The simplest view of this is as an indicator of economic contraction preceding major Recessions. Now, combine this with yield curve inversions of both the 10 and 2-year yields, now, with a drastic move in the 3-month vs 10-year yield and we should be wary.by TooGuruPublished 111