2min chapter

Forward Guidance cover image

Inflationary Recession Is On The Horizon | Paul Hodges

Forward Guidance

CHAPTER

The Opposite End of the Economic Cycle

The chemical industry, it leads the economic cycle, right? It's not a laggard, like so many industries. Employment is well known to be a lagging indicator in the if things are going well and people will hire more. If they're not going well, they'll hang on to people for a bit because they don't want to lose good people back. And also gives you an advanced notice of what's happening.

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