Danielle DiMartino Booth, CEO of QI Research, discusses how the economy has reached a "critical mass" of unemployment and labor market deterioration.
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*This video was recorded on May 22, 2024
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0:00) - Intro
1:30) - Recession landed
3:00) - Birth-death model
4:30) - Nonfarm payrolls
7:34) - Fed and rate cuts
12:10) - Refi risks and housing
17:00) - Sahm Rule
18:55) - Recession and markets
24:50) - What would cause financial crisis?
26:10) - Credit score inflation
27:45) - Economic outlook
32:10) - Living standards
#investing) #economy) #recession)
