The economic health of a nation can often be gauged by examining a variety of interconnected indicators. In the United States, a synthesis of lending standards, commercial lending, and employment trends provides a composite view of the economy's trajectory.
Historically, a yield curve inversion has been a precursor to recessions. In 2023, the yield curve had been inverted for a length of time generally preceding economic contractions, suggesting a high probability of a recession in 2024.
The financial implications of UBI are staggering; in the U.S., it could amount to an annual expenditure in the ballpark of $3 trillion.
The Federal Reserve has opted to maintain its policy interest rate as it navigates the precarious path of cooling inflation without significantly increasing unemployment, according to Federal Reserve Chairman Jerome Powell.
Traditional markets generally maintained gains from the past few weeks even as economic indicators continued to look mixed.
The recent figures emerging from the labor market are sounding alarms that a recession may be closer than previously anticipated, as job market indicators, once considered robust, begin to falter.
As you take time to rest and reflect on this holiday I urge you to think about the effects government has on your quality of life and whether or not it deserves the influence it has.
