There were two economic reports this week: Nonfarm Payrolls: +223k month over month (m/m) [prior +256k] (bullish) Durable Goods: New Orders -2.13% m/m, Shipments +0.19% m/m (bearish) My favorite section of payrolls that I use for detecting recession isn’t showing a clear signal of recession just yet; the FRED Series (LNS12032196) titled “working part-time for …
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