Key Recession Indicator That Accurately Predicted Every Recession Since 1970 Flashes Amid $2.9 Trillion Market Rout

A key recession indicator has just been triggered after the unemployment rate in the United States rose to 4.3% in July, leading to a massive stock market sell-off that saw the S&P 500 index lose more than $1.2 trillion in hours and Bitcoin plunge to $63,000. The unemployment rate rise triggered the Sahm Rule, a […] source: https://www.cryptoglobe.com/latest/2024/08/key-recession-indicator-that-accurately-predicted-every-recession-since-1970-flashes-amid-2-9-trillion-market-rout/