- Yield curve has been foolproof in predicting recessions but usually not inverted by the time recession begins.
- Market suggests recession onset in August 2025 due to high inflation.
- LEI peaks and starts to fall before recession, but lead time has lengthened.
- Profit margins have historically been driven by struggle between capital and labor.
- JOLTS show more than 10 million job vacancies, but construction vacancies plummet.
Has a Recession Been Postponed? Jobs Data May Tell
With the US labor market still robust, indicators attempting to work out the timing of a recession abound. Meanwhile, China’s post Covid-Zero stock rally is running out of steam.
