The US labor market is facing challenges, with job openings falling off a cliff, a trend that has only occurred three times since 2000. Leading economic indicators strongly point to a recession.

Yep this is one of the many metrics falling down in the labor market pic.twitter.com/fzMC6yWFGE

— RecessionALERT 🚨 (@RecessionAlert2) October 12, 2023

Warning: The probability of a recession in 2024 is now over 60%

This level has been seen only 2 times since 1960

Both times, it ended in severe economic downturns

While the Fed still believes in a “Soft Landing”

Leading economic indicators strongly point to a recession

This… pic.twitter.com/ABymovcIIJ

— Game of Trades (@GameofTrades_) October 12, 2023