This is incredible:
— The Kobeissi Letter (@KobeissiLetter) December 14, 2023
Just about every time the Fed started CUTTING rates dating back to 1950, the unemployment rate has spiked.
Historically speaking, the first cut comes 3 months BEFORE the unemployment rate begins to spike, according to Reventure.
On average, the unemployment… pic.twitter.com/DChSRJJdD7