Logan Mohtashami on the labor market and the crypto crash
HousingWire Daily
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The Fourth Recession Red Flag - The Peloton Effect
When you look at the jobs data, where are the losses coming from? Where are people losing their jobs? For the first time, the headlines of transportation jobs, or like Amazon's laying people off, some retail sales companies. When you start to see a real recession, retail sales start to get weaker. Consumption gets to get weaker and production starts to fall. And kind of what we see in the housing market right now, those things will happen in the general economy.
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