Job Market: The Shocking Truth (It's Not What You Think!)

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#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #employment #jobs #jolts
What the hell was that? Everyone went nuts over...job openings? Not only is this data from JOLTS unreliable, it goes up for a month here or there repeatedly on short-term basis. The rest of the JOLTS data completely undercuts the mainstream interpretation that the labor market is suddenly invulnerable. Worse, other data, starting with a collapse in consumer confidence followed by the vastly more important income numbers, strongly indicate serious and still-growing recession problems.

Eurodollar University's Money & Macro Analysis

Bloomberg: Wall Street Fear Gauge Ratchets Up After Jobs Data: Markets Wrap
https://www.bloomberg.com/news/articl...

IBD: Fed Overkill? Economic Outlook Index Plunges To Record Low In IBD/TIPP Poll
https://www.investors.com/news/econom...

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