4 ms·
Longest expansion in history, low inflation, low unemployment... the sky is clearly falling, wake up sheeple!
by nostromo 7y ago
Longest expansion in history, low inflation, low unemployment... the sky is clearly falling, wake up sheeple!
- mandelbrotwurst 7y agoLow unemployment doesn't imply strength if it's due to a decline in labor force participation, which has barely budged from historic lows set in 2015 (1). Rising asset prices aren't worth much to those who own little. 1 - https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm https://www.bls.gov/charts/employment-situation/civilian-lab...