The odds of a recession are very high according to this chart.

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The odds of a recession are very high according to this chart.

Continued Claims 2-year average slope turning up has been very accurate in predicting recessions.

Is this time different? pic.twitter.com/AUEcsurveJ

— Guilherme Tavares (@i3_invest) July 30, 2024

Construction job openings starting to blow out, this is what I have been waiting for as residential construction cycle contracts #MacroEdge pic.twitter.com/mGHnSue2x3

— Don Johnson (@DonMiami3) July 30, 2024

See also Global recession hits: Samsung Electronics to lay off up to 30% of its global workforce, citing declining sales and a shrinking customer base.

See also Labor market conditions index swings rapidly downward, signaling an imminent recession cliff ahead.

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