Koi_Capital

Unemployment Prediction Model with Scary Accuracy!

FRED:UNRATE   Civilian Unemployment Rate
This RSI-MA Model Predicts Unemployment Rate With Scary Accuracy!

Although high unemployment usually occurs during economic recessions, it doesn't always mean that equity valuations would drop, nor does rising unemployment always mean recession.

On the monthly chart of the official national unemployment rate:

Unemployment Momentum Rising = MA6(RSI3) cross>50
Unemployment Momentum Dropping = MA6(RSI3) cross< 50
This is indeed, a genius quant idea. Props.
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