This economic indicator just saw a big move down
At this rate, the recession threshold will be hit in 2024
The last 3 times it was hit ended in sharp economic downturns
Leading to significant stock market declines pic.twitter.com/3h673lqYys
— Game of Trades (@GameofTrades_) July 7, 2024
RECESSION IN THE US USUALLY COMES WITHIN 18 MONTHS FROM THE LAST FED RATE HIKE:
It has been now 12 months since the last Fed hike in July 2023.
If history is any guide, the US economy should fall into a recession before the end of 2024 or is already in. pic.twitter.com/w1EJSMSH5H
— Global Markets Investor (@GlobalMktObserv) July 7, 2024
When year over year full time employment drops to negative we are already in a recession. This has a 100% correlation going back to the late 1960’s.
8/8 correlation. What’s that tell us? We are already in a recession!Great video from @GeorgeGammon t.co/8RLvSjYRep pic.twitter.com/DEpSO3FDFn
— Justin Dyczewski (@JustinDyczewski) July 5, 2024
It would be the first time in six decades that so many eliminated full time jobs aren’t associated with recession. pic.twitter.com/pFAewVWiSc
— Michael A. Arouet (@MichaelAArouet) July 7, 2024