Explore the Sahm Rule, a key recession indicator by economist Claudia Sahm, signaling economic downturns when the unemployment rate's 3-month average rises by over 0.5%. Currently at 0.3%, its upward trend sparks speculation about a potential 2024 recession.
I learned that this economic indicator is an excellent confirmation metric.
https://www.youtube.com/watch?v=iTE0bZZF1TM
Look into the contrasting trends of declining prices in newly constructed homes and rising prices in existing homes, backed by a detailed analysis of the crucial months supply metric.
I learned that valuation details are important when comparing.
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