Initial Weekly Unemployment Claims Recession Warning
Will initial unemployment claims provide a recession warning? If so, how long?
Calculated Risk puts out a nice chart of Initial Recession Claims every month.
The text anecdotes in blue are mine, as are the boxes.
I like the chart, not for what it says, but for what is doesn't say.
Will we have a recession warning or not?
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My guess is no.
Mike "Mish" Shedlock