The Deeper Dive: Labor Market Teed up for a Great Recession

But the picture is all clouded by job gibberish and force-Fed ignorance.

With Powell telling congress this past week that he sees no evidence the economy is falling into a recession, the economy’s crash into recession is now assured. All of our best recessions come with pre-assurance from the Fed that there is no recession in site, even as a recession is already forming under us. It wouldn’t be a first-class recession withou…