High-Frequency Post-Virus Recovery - 2024-02-21

Date: 
Thursday, February 22, 2024
Summary: 

It's this simple. If you don't have a contraction in jobs, you don't have a recession. If you don't have a rise in claims, you won't have a contraction in jobs. Claims beat this morning, both new and continuing. They beat at amazingly low levels. No risk of recession. Move along.