Asset Allocation Bi-Weekly - Where’s the Recession? Examining Employment (8/14/2023)

14/08/2023 9 min Episodio 173
Asset Allocation Bi-Weekly - Where’s the Recession? Examining Employment (8/14/2023)

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Episode Synopsis


A U.S. recession due to higher interest rates no longer seems imminent as the rate of inflation has been falling and the unemployment rate is near a 60-year low. Confluence Chief Market Strategist Bill O'Grady joins the podcast to discuss one of the main reasons we have avoided a recession so far – the tight labor market – and whether we can expect labor conditions to remain tight in the months ahead.

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