American unemployment rate has always been strictly correlated to Canadian unemployment. With the last report we saw Canadian unemployment spike up to 6.1%. What will happen to United States unemployment rate in the next months?
Traders! Previous data show that in the years 1980 and 2007 unemployment was increasing and interest rates were decreasing. It looks, similar is going to happen in the year 2023.
These charts speak for themselves. Be cautious.
Unemployment vs. Central Bank Tightening We know there's a shifting of the tides. With unprecedented Monetary Policy to rescue the economy due to never before seen economic maladies. Dotcom, Housing Market Collapse, and now the C-19 Pandemic. We saw the Fed's policies fail during the Great Depression, could we continue to trust this policy to course correct an...