Unemployment Reached 'Critical Mass', Not Since 2008 Has This Happened | Danielle DiMartino Booth

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Danielle DiMartino Booth, CEO of QI Research, discusses how the economy has reached a "critical mass" of unemployment and labor market deterioration.

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*This video was recorded on May 22, 2024

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0:00 - Intro
1:30 - Recession landed
3:00 - Birth-death model
4:30 - Nonfarm payrolls
7:34 - Fed and rate cuts
12:10 - Refi risks and housing
17:00 - Sahm Rule
18:55 - Recession and markets
24:50 - What would cause financial crisis?
26:10 - Credit score inflation
27:45 - Economic outlook
32:10 - Living standards

#investing #economy #recession

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• #business
• #economy