Eurodollar University

Every Time This Happens, It Leads to High Unemployment

Aug 9, 2024
The discussion pivots around recession fears and their impact on the labor market, noting a drop in credit card balances as a key warning sign. Analysts critique falling construction spending, indicating employer pessimism. Consumer behavior reflects ongoing struggles as travel demand wanes, while airlines like Delta and Southwest face significant challenges. The potential disconnect between consumer price trends and Federal Reserve actions raises questions about future economic stability.
Ask episode
Chapters
Transcript
Episode notes
1
Intro
00:00 • 7min
2
Signals of Economic Recession: Construction Spending and Labor Costs
06:50 • 6min
3
Consumer Spending Struggles Amid Economic Uncertainty
13:18 • 2min
4
Recession Signals and Airline Industry Struggles
15:30 • 3min