Stocks ๐ often lead the way in economic ๐, with unemployment ๐ only after the damage is done. This happened in both 2000 & 2008โNasdaq collapsed ๐, followed by a ๐ in unemployment. This highlights why unemployment is a **lagging indicator** when it comes to stock trends. pic.twitter.com/uieAbRkjK3
— The Coastal Journal (@1CoastalJournal) September 5, 2024
**Stock Markets ๐ Before Unemployment ๐**
Data shows stock market crashes come **before** unemployment ๐, especially on election years:
1929, 1937, 1974, 1987–92, 2000, 2008 & whatever you want to call this itโs the same thing over and over again.
— Golden Coast (Cassandra) (@GregCrennan) September 5, 2024
2/ Over the past 40 years, weโve seen at least 3 whipsaw signals
Where the yield curve un-inverted only to re-invert again
Could todayโs yield curve signal be another false alarm? pic.twitter.com/EyrBNx2vYL
— Game of Trades (@GameofTrades_) September 5, 2024
Flashes from the past pic.twitter.com/uAE6mkaZTD
— Don Johnson (@DonMiami3) September 5, 2024
If Powell doesn't cut rates on Sep 18 then the yield curve suddenly inverts again.
Since everyone has been front running his decision, this would have significant impacts in the Jap carry trade & could destabilize the Bank of Japan.
Translation: Japan Crisis 2.0 t.co/1VfScg7M0j— Financelot (@FinanceLancelot) September 5, 2024