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The Sahm Rule Recession Indicator triggered in July; Fed Chair Powell said it’s not an economic rule, but a statistical regularity. In any event, here we are. pic.twitter.com/ZhSHx2qbJt
Interestingly, going back to 1950, we’ve never seen four consecutive monthly increases in the unemployment rate without being in a recession pic.twitter.com/3SIka1grL4
I think it rules that we invented decentralized currency uncontrollable by one central entity and it just ended up perfectly correlating with the american stock market anyways https://t.co/EoknRH0WFR
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