The Real Signal Midweek - Sahm Rule Indicates Recession

The Sahm Rule Indicates Recession

“The most positive thing from the employment report was the decline in the unemployment rate from 3.9% to 3.7%.

This decline lowered the Sahm Rule from 0.33 to 0.30.

This fractional decline led to a spiking of the football for the soft landing camp which is curious given the history of the Sahm Rule.

As covered below, we kn…