The speed of an unemployment spike will define the economic slowdown in 2023.
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Featuring Roger Hirst
Dec 22, 2022 • 52 minutes
Recessions occur with unemployment rising. When unemployment rises, the S&P500 typically rolls over into a tradable low. In today’s episode, Roger Hirst dissects the labor conundrum. Will wage increases materialize and force businesses to cut workers, or is the labor market weaker than headline numbers suggest? If job losses are fewer than anticipated, the impending slowdown could be much shallower than expected.
Show MoreReal Vision co-founder and CEO Raoul Pal walks viewers through his latest research alongside MI2's Julian Brigden. Insider Talks provides viewers exclusive access to analysis, flash updates, and the live program of Macro Insiders, a proprietary research service by Global Macro Investor founder Raoul Pal. Raoul and Julian use macroeconomic analysis to provide clients specific trade recommendations across all asset classes. Available to all Real Vision Pro Macro members and above.
More EpisodesReal Vision co-founder and CEO Raoul Pal walks viewers through his latest research alongside MI2's Julian Brigden. Insider Talks provides viewers exclusive access to analysis, flash updates, and the live program of Macro Insiders, a proprietary research service by Global Macro Investor founder Raoul Pal. Raoul and Julian use macroeconomic analysis to provide clients specific trade recommendations across all asset classes. Available to all Real Vision Pro Macro members and above.
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