‘Concerning’ Economic Indicator Predicts Imminent Recession After 75 Years of Accurate Forecasts

A “concerning” economic indicator in the United States is currently pointing to an incoming recession after accurately predicting the last recessions over the last 75 years accurately. According to the economics outlet Kobeissi Letter on the microblogging platform X (formerly known as Twitter), the US unemployment rate has now risen for four consecutive months, its longest growing […] source: https://www.cryptoglobe.com/latest/2024/08/concerning-economic-indicator-predicts-imminent-recession-after-75-years-of-accurate-forecasts/