ilmscore | Prediction Details
"anytime we have seen this metric the unemployment rate go above its 24mth moving average it seems like it's only a matter of time before the unemployment rate really starts to pick up and go much higher... the unemployment rate is is moving up it's above its 24mth SMA and and there's no clear sign yet that it's slowing down in a durable fashion and until we go back to looser monetary policy I I think we have to be under this you know approach of we have to wait and see right it would be premature to to say that the unemployment rate won't ever go up in this cycle before the FED starts to cut"
By Benjamin Cowen | February 22, 2024 | Pending
From video
What Would a Hard Landing Even Look Like? 00:08:49 - 00:09:03
Interpreted Prediction
The unemployment rate, having crossed its 24-month moving average, is expected to continue rising significantly in this cycle before the Fed cuts rates.

Prediction Details

Topic
Unemployment Rate

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