US VS EU UnemploymentUpdate on the US versus Euro Area unemployment rate. US trending upwards, while the EU Area is quite stable. US came in at 3.9% While EU Area is hovering between 6.4% - 6.5%by ASignOfTime0
Economic Overview | The "Yellowstone Bubble"On Thursday, May 16th, I was sipping coffee and watching The Today Show , when a guest appeared on the program to talk about how much money YOU are supposedly making in your 401(k). Oddly enough the commentator - who was identified as the "chief business correspondent for CNN" - then reminded viewShortby ChiefMacro0
Unemployment vs SPXHow long do we have before the unemployment rate truly starts rising? A couple of months in my opinion. Every time it starts going up, the SPX starts crashing. June 2024 could be the market top? As the FED starts reducing interest rates.Longby brian76833
Massive US Unemployment Move Inbound On the FRED:UNRATE dataset, we can see that since 1953, every time the unemployment rate make a significant move above the 24 months SMA, with the sole exception of October '67, we saw a large spike in unemployment allong with a recession. Currently, FRED:UNRATE rose above the 24 months SMAby zkdev2
Thesis: slightly higher SP500, before crash due to unemployment12/9/2023 I - Issue: Yesterday, the latest unemployment rate for the USA were released. The current rate stands at 3.7, reflecting a decrease of 0.2. The key question now is whether this is merely a test of support or a signal for a potential invalidation of the bottom structure. R - Rule: Sincby FibonacciTheGreat1
Unemployment, FED Rates, SPXLooks like market bottoms just before the Unemployment peak. Market peaks just before fed starts reducing the rates. At the current situation, we have fed fund rates high and also unemployment started to climb. Will be looking at the unemployment going high and markets roll over and fed cuts rates.Shortby MarathonToMoonUpdated 444
Unemployment Rate including RSI vs SP500 vs Fed Funds RateThis chart illustrates the relationship between the BLS US Unemployment Rate (UR) including the RSI for the UR, plotted against the SP500 (SPX) and the Fed Funds Rate (FFR). The data illustrates the idea that the FFR pushes the UR upward, and when the RSI for the UR trends up and crosses 50, the URby Crypto_Flavored_Tendies2
Unemployment Rate Double Bottoming at a 0.786The Unemployment Rate looks like it's getting ready to spike higher as it Double Bottoms at the 0.786 and cracks above the 21SMA. If this plays out, it will likely spike to the highs or even make a new higher high. During all of this, I expect the macroeconomic data charts below to also play out: CLongby RizeSenpai2
Macro Monday 14~Unemployment Rate Rise Macro Monday 14 US Employment Rate Pre-Recession Indications The Unemployment Rate tells us how many people in the United States are currently without a job and actively looking for one. The U.S. Bureau of Labor Statistics calculates and reports the unemployment rate. In basic terms it consistby PukaChartsUpdated 116
Unemployment Rate at 54 yr low-Recession soon or not?A recession is not bullish for the overall market so studying how the civilian unemployment rate behaves before a recession hits should help tune out any and all noise from talking heads. The red shaded areas in the above chart shows past recessions. The red circles within this chart are timesby VixtineUpdated 4429