2007 similarities continue to pile on… This is now the weakest labor market conditions for job seekers since late 2007.

We’re really in a ‘holding pattern’ is it comes to the labor market – the data continues to worsen while the market has pulled down its pants and continues to moon the labor market. Unemployment will need to rise further for impacts to be realized in markets. — Don Johnson (@DonMiami3) September 24, 2024 07 …

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The similarities to 1987 keep piling up!

What could be the trigger? What Caused The Black Monday Crash (1987): “Economic growth had slowed while inflation was rearing its head. The strong dollar was putting pressure on U.S. exports. The stock market and economy were diverging for the first time in the bull market, and, as a result, valuations climbed to excessive levels, …

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Concerning: The similarities to 2008 keep piling up!

Various economic concerns, including a significant contraction in credit impulse, slowing savings, and negative credit impulse when adjusted for deposits. This suggests a reduction in the flow of new credit into the economy, potentially impacting economic growth and liquidity. Additionally, both real and nominal M1 growth have contracted more than during the Global Financial Crisis …

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The similarities to 2008 keep piling up!

#recession … #GFC2 US edition The similarities to 2008 keep piling up! https://t.co/aJtSdrXFJs pic.twitter.com/EL1Y1i91Cm — Invariant Perspective (@InvariantPersp1) July 20, 2023 The Leading Economic Index Declined in June for the 15th Month in a Row, Longest Down Since 2007–08 The U.S. economy, while currently still growing, shows alarming signs of a looming recession. The leading …

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