>informing me on whether we're heading into a recession or not look at consumer debt levels and how several major banks in Europe are ready to blow up, not a s

>informing me on whether we're heading into a recession or not look at consumer debt levels and how several major banks in Europe are ready to blow up, not a sign of a healthy economy. Unemployment rates are a lagging indicator for recessions, companies don't start laying people off until revenue takes a hit. The Fed has outright said they are going to keep raising rates until people start losing jobs so inflation declines.