waterfall.

The Leading & Coincident Index of Employment are nearing the historical “brink” of the waterfall.

The October Coincident Employment figures were influenced by the auto-strike, so we should reserve some judgment until those numbers are added back in November. 15 individual components are used across both indexes which reduces outsized distortions. — Eric Basmajian (@EPBResearch) November 16, 2023 https://twitter.com/MichaelAArouet/status/1725263899421712636 "It will probably start on a Friday" https://t.co/0EOYev1sC3 pic.twitter.com/9BBQamj3GK — Financelot …

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