​’The Descent Is Upon Us’: Forget The Sahm Rule, This Indicator Has Perfectly Predicted Every US Recession Since 1930 – Tyler Durden

‘The Descent Is Upon Us’: Forget The Sahm Rule, This Indicator Has Perfectly Predicted Every US Recession Since 1930 Authored by Joe Sullivan-Bissett via BondVigilantes.com, The Sahm rule has triggered: markets, please prepare for landing The economic cycle is at an interesting inflection point where the effects of higher interest rates are becoming evident in numerous ways, be it a slowdown in the labour market, falling inflation, or wavering consumer and business confidence. Whilst a lower rate of inflation is welcomed, the important question remains: have interest rates been too high for too long, and has this caused irreparable damage…  — Continue at ZeroHedge News : Read More