No Sign of Recession. Talk about destroying a narrative. On Friday, the Labor Department reported 312,000 new jobs in December, with an additional 58,000 from upward revisions to prior months. Recession talk got crushed.
Tag Archives: No Recession
The investment markets. It’s heartburn, not a heart attack. The odds of a recession happening anytime soon remain remote, we have it at 10% or less. And a recession is what it would take for us to expect a full-blown bear market. In other words, the current downdraft is just heartburn, not a heart attack.