"Way Too Much Is Priced Into This Market" | Mike Shedlock
Thoughtful Money with Adam Taggart
00:00
Decoding Economic Indicators
This chapter explores the complexities of current economic data, particularly focusing on employment trends and their implications for recession indicators. The speakers analyze the discrepancies between various data points and discuss historical context, including the 2008 recession, while questioning the reliability of job openings as a measure of economic health. They emphasize the need for a nuanced understanding of labor market dynamics and how evolving metrics may impact future hiring intentions.
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