Bloomberg Surveillance

Single Best Idea with Tom Keene: Jay Bryson & David Rosenberg

Mar 20, 2025
Discover essential economic insights and global affairs from reputable sources. Gain an understanding of the rising unemployment rates and their historical impact. Delve into tariff concerns affecting the auto industry in Ontario and what it means for the U.S. economy. Join the conversation on navigating the complexities of the labor market with expert analysis.
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ADVICE

Foreign Affairs Magazine Recommendation

  • Subscribe to Foreign Affairs Magazine for insights on international relations.
  • The physical copy offers a larger font and well-structured articles.
INSIGHT

Jobless Claims and Recession

  • Wells Fargo's Jay Bryson offers valuable insights into the American labor economy.
  • Weekly jobless claims between 250-275 suggest an approaching recession.
INSIGHT

Unemployment Rate Significance

  • A rise in unemployment from 4.1% to 4.4% is historically significant.
  • Use the Bloomberg function 'U.S. URTOT index' to track unemployment rate trends since 1947.
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