So here's an interesting analysis about the recent data (translated quite well by Google): This was a really confusing report from the US labor market and we see a lot of ironic comments about the recession. You have to tell yourself what these data mean and what they don't mean. Time for a short 🧵 by @Pekao_Analizy(Analizy Pekao) Conclusion: Does this mean a recession is certain? History doesn't need to repeat itself: the Fed is reacting faster than it used to, and if it ends hikes in March, it will have time to react; monetary policy transmission may have accelerated; financing conditions have relaxed and the first effects are visible. Nevertheless, taking into account historical experience, the United States will be in recession at the turn of 2023 and 2024. submitted by /u/frankjohnsen [comments]
