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Unusual Whales Pod Ep 16: Macro Outlook for 2023, the Federal Reserve in 2023, and the January 6.5% CPI Print

Unusual Whales

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Is the US Labor Market Recession Coming?

No I think the in the spirit of a relatively slow moving shift downshift and growth you know if anything if we look at where we are today relative to where we were three months ago. inflation is a little lower supporting real demands, financial conditions have improved a bit from where we were. The unemployment rate which is a little choppy and I wouldn't read too much into it but that is not anywhere close to recession in terms of where we are with the labor market.

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