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Oh Sh*t, GLOBAL Unemployment Is Rising (What does this lead to)
Soft landings and resilient economy supported by strength in labor markets. At least that's the narrative, the truth is completely different. Much of the developed world is being swept up in a wave of rising unemployment. Yes, including the US.;/
Eurodollar University's conversation w/Steve Van Metre
Bank of Canada
https://www.bankofcanada.ca/2024/06/opening-statement-2024-06-05/
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.