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The Worst of the Eurodollar Downturn is Still Ahead [Ep. 286, Eurodollar University]

Eurodollar University

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The Party Hasn't Even Started

A lacman made the point that the thing he's not seeing yet is the slow down to contraction in the jobs market, right? It's not happening quite yet. The labor market data doesn't show the kind of mass lay off that you would associate with the meat or the thick of recession. We're not at that point yet, which is why that's the terrifying thought, that it's still in front of us. And we are absolutely seeing those things across the entire labridan. In fact, that's the point i was making about the cliff. The cliff was in march. You see it everywhere, the 80 p establishment survey, the household survey shows that there is a

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