
Patently Absurd

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“We are pointed toward recessionary dynamics”… well, no shit Sherlock.
Claudia Sahm talks about the “big lever still to pull” by the Fed. That being a plethora of interest rate cuts. Sahm talks about the unemployment rate, and other things indicative of recession. Article with video:
(more…)Following the unchecked mayhem over the past few weeks, it’s back to bores-ville:

I’ve long held that a recession – – a monster one – – was coming up within months. You’re going to be hearing a lot about the Sahm recession indicator, which rather uselessly blasts from 0% to 100% certitude pretty much after all the facts are in. In any case, 2025 is going to be an economic wipeout.

