Post by @shadowbangz098 on Mar 3, 2023 20:45:24 GMT -6
Edwards says recession risk is lower than ever
Despite high inflation levels, the risk of a recession in the stock markets has reduced considerably. Edwards notes in the report that the job sector remains robust with low unemployment levels, which is striking, especially at the “late end of the cycle.” He adds:
“Ultra low unemployment paired with high interest rates increases the odds of an unemployment bottom being in (or forming).”
Despite high inflation levels, the risk of a recession in the stock markets has reduced considerably. Edwards notes in the report that the job sector remains robust with low unemployment levels, which is striking, especially at the “late end of the cycle.” He adds:
“Ultra low unemployment paired with high interest rates increases the odds of an unemployment bottom being in (or forming).”