This trend is concerning:
— The Kobeissi Letter (@KobeissiLetter) June 23, 2024
For the first time in 4 years, the US unemployment rate has crossed above its 36-month moving average.
In previous economic cycles, every time this has happened a rapid spike in jobless rate followed.
This has also coincided with the economy falling… pic.twitter.com/uDBctOGilr
News of the day 8/24/2026
https://biztoc.com