Join Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, as she explores the current U.S. labor market and the economic indicators pointing towards a potential recession. In this video, Danielle discusses the National Bureau of Econom…
Join Danielle DiMartino Booth, CEO and Chief Strategist at QI Research, as she explores the current U.S. labor market and the economic indicators pointing towards a potential recession. In this video, Danielle discusses the National Bureau of Economic Research's role in dating recessions, the predictive power of the McKelvey Rule on unemployment trends, and the Federal Reserve's recent policy shifts under Chair Jerome Powell.
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📖 CHAPTERS:
0:00 Danielle DiMartino Booth
01:38 Recession Estimations
03:21 The McKelvey Rule
08:08 Job Gains in 2023
09:00 Top-Line Capitulation
12:45 Tandem Cost-Cutting/Bankruptcy Cycles
14:54 Underemployment Determines Income
16:12 Non-Recessionary Recession
19:55 Surpassing Long Wait Into GFC?
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